Board and Management

Mr Paul Boyatzis

Chairman, Non-Executive Director, appointed 5 January 2010

Qualifications: B Bus, ASA, MSDIA

Experience: Mr Boyatzis has 25 years’ experience in the investment and equity markets and an extensive working knowledge of public companies in Australia and the UK.

Previous to Aruma’s listing, Mr Boyatzis has assisted many Resource and Non- Resource companies, both locally and internationally, raise funds through the IPO and secondary market process. He is currently a director of KSL Corp Pty Ltd, an investment company with a primary focus on emerging companies.

Mr Boyatzis is a current member of the Australian Institute of Company Directors, Securities and Derivatives Industry Association and a current member of the Certified Practicing Accountants of Australia.

Interest in Shares and Options: Mr Boyatzis has an indirect/beneficial interest in a total of 4,184,962 shares and a direct interest in 2,000,000 Director’s Options.

Specific Duties: Non-Executive Chairman

Other Current Directorships of Listed Companies: Nexus Minerals Limited (formerly Hemisphere Resources Limited), Transaction Solutions International Limited, Ventnor Resources Limited

Former Directorships of Listed Companies in the last three years: None

Mr Peter Schwann

Managing Director, appointed 11 February 2010

Qualifications: Ass. of App. Geology, FAIMM

Experience: Peter has extensive experience in mineral exploration, company management and consulting.

During his formative years he worked with some of Australia’s biggest companies exploring for nickel, iron ore, gold and mineral sands. Peter has recently held project generation and evaluation roles with resource companies in Africa, Asia, Australia and Eastern Europe. He has participated in evaluations of precious and base metal deposits in Mexico, Africa, Madagascar, China and Kyrgyzstan.

Peter is a Fellow of the Australasian Institute of Mining and Metallurgy and a member of the Society of Economic Geologists.

Interest in Shares and Options: Mr Schwann has a direct and indirect/beneficial interest in a total of 4,802,167 shares and a direct interest in 4,000,000 Director’s Options.

Specific Duties: Managing Director

Other Current Directorships of Listed Companies: Westgold Resources Limited

Former Directorships of Listed Companies in the last three years: None

Mr Phillip MacLeod

Company Secretary

Qualifications: B Bus, ASA, MAICD

Experience: Mr MacLeod has more than 25 years of commercial experience and has held the position of company secretary with listed public companies since 1995.  He has provided corporate, management and accounting advice to a number of Australian and international public and private companies involved in the resource, technology, property and healthcare industries.

Interest in Shares and Options: Mr MacLeod has an indirect/beneficial interest in 135,000 shares and 375,000 Employee’s Options.