Medlab Clinical Limited Announced that Mr. Michael Hall (Chairman), Mr. Drew Townsend, Ms Cheryl Maley, and Mr. Mohit Gupta (Non-Executive Directors) have recently resigned from the Company's board. Medlab announce the appointment of Messrs Michael Carter and Matthew Hudson to the Company's Board of Directors. Mr. Michael Carter graduated from the University of Western Australia in 1998 with a Bachelor of Commerce, majoring in accounting and finance.

Mr. Carter also completed a graduate diploma in Applied Finance and Investment at FINSIA in 2002. Mr. Carter is experienced in structuring corporate transactions and has also worked in ongoing corporate advisory roles with numerous ASX listed entities over the last 18 years. Mr. Carter has been employed as a stockbroker since 1999 and was previously a director of Indian Ocean Capital.

He is currently an associate director of CPS Capital Group and Non-Executive Director of European Lithium Ltd. Mr. Matthew Hudson has extensive experience raising capital for projects based in Africa, Latin America, and Asia. He is a former Credit Suisse and Arthur Andersen advisor, who is now the Co- Founder and Managing Director of Hudson Koch Energy, which operates 43 oil and gas wells across Kansas and Oklahoma. He is also the Founder and Managing Director of United Minerals which operated the historic Potosi Mine in Chihuahua, Mexico.