SYMBOLS: RSM-TSXV (Toronto Venture Exchange)

RYSMF- OTCBB (US OTCBB)

WWW.ROYALSTANDARDMINERALS..COM

Tuesday July 29, 8:30 am ET

RSM Has Acquired a 100% Interest in a Coal Project in Eastern Kentucky

RSM has appointed an additional director to the Board of Directors, to include appointments to fill the positions of Chief Financial Officer and Treasurer

PIKEVILLLE, KENTUCKY--(Marketwire - July 28, 2008) - Royal Standard Minerals Inc., RSM (TSX VENTURE:RSM - News; OTCBB:RYSMF - News) has acquired a 100% interest in a surface mine coal project in Wolfe County, Kentucky. This transaction closed on July 28, 2008. The transaction cost was $431,000 to include $250,000 to acquire the project and $181,000 reclamation bond to cover the state of Kentucky reclamation requirements for this property. The property consists of approximately 1,000 acres of coal mineral rights under lease to include an equivalent 7% royalty on produced coal product. Mr. Roland M. Larsen, Qualified Person, has reviewed and approved this press release.

The Company is pleased to announce that the Board of Directors have appointed a new Director to the board, and has filled management positions to include the position of Chief Financial Officer and Treasurer effective July 21, 2008. The appointment of Mr. Joseph Cornwell as a new Director to the Board of Directors is expected to be confirmed at the next annual meeting bringing the total number of directors to six. We are very happy to have Mr. Cornwell on the board as his background in the financial community will add a new dimension to the Company's exposure to contacts that can assist the with future financings and will serve to accelerate corporate growth. Joe has been in the stock brokerage business early in his career and later has operated a successful consulting firm that targets small and medium capitalization companies by providing assistance with strategic financial and other support that will help promote growth.

Mr. Leon Walker has agreed to come on as the Chief Financial Officer (CFO). Mr. Walker is a CPA and partner with a Washington, DC based accounting firm. He has more than 40 years of accounting and business related background previously as a CFO. Leon will act as RSM's CFO effective July 21, 2008. The Board of Directors are pleased that Mr. Walker has agreed to fill this very important position within RSM.

Mr. James Dunlop has agreed to come on as Treasurer of the Company. Mr. Dunlop is currently and has been a director of RSM for the past several years. He has agreed to add the position of Treasurer to his position as director.

RSM is an exploration and development company with interests in coal and precious metals in the United States.

The information presented in this press release is subject to the various regulatory approvals.

Royal Standard Minerals cautions that the statements made in this press release and other forward looking statements made on behalf of the Company may be affected by such other factors including, but not limited to, volatility of mineral prices, product demand, market competition, imprecision of mineral estimates, and other risks detailed herein and from time to time in the Securities and Exchange Commission filings of the Company.

C.U.S.I.P. # 780919106

LISTED: STANDARD & POORS

The Canadian Venture Exchange does not accept responsibility for adequacy or accuracy of this rel ease  as per Exchange Policy 3.3 section 6.5.

For further information about this release contact Mr. Rich Kaiser, Investor Relations, 800-631-8127.

If you received this email in error or would like to be removed from database, SEND ?REMOVE-RSM? to yes@yesinternational.com and/or call 757-306-6090.

RSM.TSXV/  RYSMF.OTCBB

##7