Anglo Asian Mining PLC Regulatory News (AAZ)

Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector: Mining

29 October 2012

Anglo Asian Mining plc ('Anglo Asian' or 'the Company')

Change of Adviser

Anglo Asian, the AIM quoted gold producer in Azerbaijan, is pleased to announce the appointment of S. P. Angel Corporate Finance LLP as the Company's Nominated adviser and broker with immediate effect.

For further information please visit www.angloasianmining.com or contact:

Notes:

Anglo Asian Mining plc (AIM:AAZ) is a gold producer in Central Asia with a broad portfolio of production and exploration assets in Azerbaijan. The Company has a 1,962 sq km prospective exploration portfolio, assembled from analysis of historic Soviet geological data and held under a Production Sharing Agreement ('PSA') based on the Azeri oil industry. The Company developed Azerbaijan's first operating gold/copper mine, Gedabek, which commenced gold production in May 2009. Gold production for the year ended 31 December 2011 totalled 57,068 oz of gold and it is targeted to reach 49-51,000 oz of gold for FY 2012.