East Energy Resources Limited (ASX:EER) Welcomes Noble Group (SIN:N21) As A Significant Shareholder

Perth, May 3, 2010 AEST (ABN Newswire) - Coal exploration company East Energy Resources Ltd (ASX:EER) has welcomed the recent purchase of a 19.99% stake in East Energy by Osendo Pty Ltd, a subsidiary of the Noble Group Ltd (Noble Group).

The Noble Group (SIN:N21) is a market leader in managing the global supply chain of agriculture, industrial and energy products. Their global network encompasses more than 150 office and plant locations in 38 countries across five continents. The Noble Group is headquartered in Hong Kong and is listed on the Singapore Stock Exchange. In 2009 they were ranked 218th on the Fortune Global 500 list.

The Noble Group are a well respected conglomerate with a proven track record in business and have extensive experience in coal mining and marketing. Noble Group's technical and marketing expertise will be of assistance to East Energy as it formulates its plans for the substantial Blackall thermal coal deposit in Queensland.

For further information on the Noble Group please visit their web site:

http://www.thisisnoble.com

Contact

Mark Basso Managing Director East Energy Resources Limited Tel: +61-8-9225-5833 (Perth office) www.eastenergy.com.au