Moto Goldmines Limited

Moto Goldmines Limited

July 11, 2007 09:15 ET

Moto Goldmines Limited-Appointment of Director

PERTH, WESTERN AUSTRALIA--(Marketwire - July 11, 2007) - Moto Goldmines Limited (TSX:MGL)(AIM:MOE)("Moto") is pleased to announce that, Mr Louis Kabamba Watum has joined Moto's Board of Directors in the position of Executive General Manager - DRC Operations.

The Company's Chief Operating Officer, Andrew Dinning, said the appointment of Mr Watum, re-enforced Moto's commitment to the Moto Gold Project.

"Mr Watum's extensive government liaison, operational and local experience is a significant asset for the Company during the continued development of the Moto Gold Project. In recognition of his past efforts and the strategic importance of the role, the Board unanimously endorses the appointment of Mr Watum" said Mr Dinning.

Mr Watum (45), who was born in the DRC, is a chemical engineer by profession and initially gained significant metallurgical and mining experience in various roles held whilst working in the Katanga copper mining belt, in the Witbank coalfields, and in Applied Research at Anglo American Research Laboratories respectively. He was then appointed to the senior position of Operations Manager by AngoGoldAshanti to oversee the development, construction and production phases of their Yatela gold mine in Mali. In these roles, Mr Watum's responsibilities included site administration, regional and local community development and social programmes, central government liaison, project construction and management. Mr Watum joined Moto in March 2006.

No further disclosures are required under the AIM rules.

Nominated adviser for the purposes of AIM: RFC Corporate Finance Ltd Contact: Stephen Allen

ARBN 113 274 874

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