Erdene Schedules Conference Call to Provide Update on Donkin Coal Project

HALIFAX, NOVA SCOTIA — Erdene Resource Development Corp. ("Erdene" or "Company") (TSX:ERD), invites you to participate in its live conference call with senior management providing an update on the Donkin Coal Project on Friday April 27, 2012 at 10:30am Eastern Standard Time (11:30am Atlantic Standard Time).

The dial-in numbers for the conference call are:-- In Toronto 1-647-427-7450 -- Outside Toronto (toll-free, within North America) 1-888-231-8191 -- If calling from outside North America, please see below for the appropriate toll-free dial-in numbers

In order to join this call you will be required to provide the conference call ID 76214130. To ensure your participation, please dial-in five minutes prior to the scheduled start of the call. You will be required to identify yourself and the organization on whose behalf you are participating. If you cannot participate in the live call, a replay will be archived on the Company's website.

International toll-free dial-in numbers:Argentina 08006662713 Australia 1-800-287-011 Austria 0-800-297-216 Belgium 0-800-74-310 Brazil 0-800-891-6790 Chile 123-0020-9709 China (North) 10-800-714-1191 China (South) 10-800-140-1195 Colombia 01-800-518-0661 Czech Republic 800-700-532 Denmark 80-889-759 France 0-800-917-449 Germany 0-800-183-0171 Greece 00-800-1612-2055-104 Hong Kong 800-901-563 India 000-800-100-8120 Ireland 1-800-760-620 Italy 800-873-805 Japan 00-53-11-60-858 Korea (South) 003-0813-1987 Mexico 001-800-514-4045 Netherlands 0-800-022-1164 New Zealand 0-800-450-745 Norway 800-105-67 Peru 0800-53-840 Poland 00-800-111-49-76 Portugal 800-819-766 Saint Kitts and Nevis 1-800-205-5104 Saudi Arabia 800-814-0084 Singapore 800-101-2564 South Africa 0-800-983-113 Spain 900-937-648 Sweden 02-079-4343 Switzerland 0-800-835-354 Taiwan 00-801-127-130 Thailand 001-800-156-205-8648 United Arab Emirates 800-017-8071 United Kingdom 0-800-051-7107 Venezuela 0800-100-4097

About Erdene

Erdene Resource Development Corp. is a diversified resource company with multiple projects at various stages of development from exploration to production; all focused on high-growth commodities. Erdene is a TSX listed company with headquarters in Halifax, Nova Scotia and an office in Ulaanbaatar, Mongolia. In addition to its interest in the Donkin Coal Project, the Company is very active in Mongolia where Erdene's management have over 15 years of experience in the country's resource sector. A dedicated technical and management team has assembled a strong portfolio of molybdenum-copper, copper-gold, and coal projects throughout the country. In addition, the company is active in industrial mineral projects in North America through a royalty interest in an operating quarry, equity in a TSX-V listed producer, and direct interests in early stage projects. Erdene has 95,802,901 common shares issued and outstanding and a fully diluted position of 103,410,901 common shares. For more information on Erdene, visit www.erdene.com.

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