Central Asia Metals Regulatory News (CAML)

13 April 2017

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

Update on Share Pledge by a Director

Central Asia Metals plc (AIM: CAML) announces it has today been informed that on 12 April 2017, JSC CenterCredit Bank ("CenterCredit") released security over 10,605,875 ordinary shares of US$0.01 each (the "Shares") of the 21,211,751 shares that were pledged to it as part of a loan agreement on 1 July 2014 by SDB Group , an entity 100 per cent. owned and controlled by Kenges Rakishev, a Non-Executive Director of the Company. CenterCredit retains security over the remaining 10,605,876 shares.

The Company has been further informed of Mr Rakishev's intention to re-pledge the Shares. A further announcement will be made in due course once this pledge is completed.

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Note to editors:

Central Asia Metals, an AIM-listed UK company based in London, owns 100% of the Kounrad SX-EW copper project in Kazakhstan. The Company also has a 75% equity interest in Copper Bay Ltd, which is a private company that has conducted a definitive feasibility study at its copper project in Chañaral Bay, Chile. In November 2016, Central Asia Metals signed a framework agreement to acquire an effective 80% interest in the Shuak copper exploration property in northern Kazakhstan. For further information, please visit www.centralasiametals.com.

Form for Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them: