Asa Resources Regulatory News (ASA)

16 June 2011

Mwana Africa PLC

("Mwana" or the "Company") (AIM: MWA)

Operational Update

Phase 2 Expansion at Freda Rebecca Gold Mine

Mwana Africa PLC is pleased to provide an update on the progress of its Phase 2 expansion programme at its Freda Rebecca Gold Mine in Zimbabwe.

Highlights

Ø Completion of the Phase 2 construction programme on schedule and budget

Ø Commissioning of second mill commenced

Ø Underground production ramp up is progressing according to plan through the introduction of additional rock moving capability

Ø Average monthly production of 3,363oz per month for the three months to May 2011, exceeding Phase 1 target of 2,500oz

The Phase 2 expansion programme at Freda Rebecca comprised the overhaul and refurbishment of the second milling circuit and its associated Carbon-In-Pulp/Carbon-In Leach sections including:

·; Construction work and commissioning on all mill feed arrangements including ore chutes, feeders and mill conveyor system

·; Reconstruction of all associated mill discharge pumping, cyclone circuits and slurry handling arrangements

·; Phase 2 Leach Tanks

Freda Rebecca has already exceeded its Phase 1 target production rate of 2,500oz per month by more than 30%. In the three months to May 2011 average monthly gold production was 3,363oz. Now, following completion of the Phase 2 construction and commissioning of the second mill, Freda Rebecca is well positioned to expand its processing capability and reach the targeted Phase 2 annualised gold production rate of 50koz per annum.

CEO Kalaa Mpinga commented:

"Freda Rebecca is an ongoing success story for Mwana in Zimbabwe. The completion of the refurbishment of the second milling circuit is a significant milestone for the company in its efforts to increase its gold production capability in line with our focused strategy of phased growth. The investment in Freda Rebecca and the performance of the team at the mine over the last 18 months demonstrates our commitment to Zimbabwe and our ability to operate successfully in the country".

For more information, please visit www.mwanaafrica.com or contact:

Enquiries:

Mwana Africa PLC Tel: +44 (0)20 7654 5580

Oliver Baring - Executive Chairman

Nominated Adviser and Broker

Ambrian Partners Limited Tel: +44 (0) 20 7634 4700

Anthony Rowland / Jen Boorer

Public Relations

Merlin Tel: +44 (0)20 7726 8400

David Simonson

Anca Spiridon