GOODFELLOW RESOURCES LTD.

March 28, 2005 09:00 ET

Goodfellow Resources Ltd.: Change of Company Name


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: GOODFELLOW RESOURCES LTD.

TSX VENTURE SYMBOL: GDR

MARCH 28, 2005 - 09:00 ET

Goodfellow Resources Ltd.: Change of Company Name

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 28, 2005) - Goodfellow
Resources Ltd. (TSX VENTURE:GDR) (the "Company") is pleased to announce
that a change of the Company's name was approved by the shareholders of
the Company at its annual and special general meeting held on March 4,
2005, with subsequent approval by all applicable regulatory authorities.
Effective at the opening of market on Tuesday, March 29, 2005, the
Company's common shares will trade under the new name of "Standard
Uranium Inc." and the new trading symbol will be "URN". The name change
was undertaken to better reflect the direction of the Company which is
focused on the accumulation of uranium resources through acquisition and
exploration.


-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Goodfellow Resources Ltd.
    Nathan A. Tewalt
    President
    (360) 392-8747
    natewalt@comcast.net
    or
    Goodfellow Resources Ltd.
    Kim C. Casswell
    Corporate Secretary
    (604) 669-4644
    (604) 688-1157 (FAX)
    kcasswell@explgp.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.