Juno Minerals Limited (Juno or the Company) is pleased to announce the appointment of Hyun Chul Chun as a Non-Executive Director, effective immediately.

The appointment follows the resignation of Hyung Nam Lee, who has returned to South Korea. Mr Chun is the Director of Raw Materials Investment with POSCO Australia Pty Ltd (POSCO), one of Juno's major shareholders. Mr Chun's role encompasses managing several key raw materials projects in Australia, including iron ore projects. Joining POSCO in 2005, Mr Chun progressed through its raw materials, steelmaking and purchasing and investment groups.

Mr Chun obtained his Bachelor of Science in Materials Science and Engineering from Seoul National University. Greg Durack said, 'the Board thanks Mr Lee for his support and contribution and welcome Mr Chun as we progress Juno's projects'. Chairman David Moroney said, 'the Board welcomes Mr Chun's appointment, representing a supportive major shareholder. We believe Mr Chun's project management experience and background will be highly valuable in helping to progress the development of Juno's iron ore projects'.

Contact:

Tel: + 61(0)8 9346 5599

Email: investorrelations@junominerals.com.au

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