Metals Exploration Regulatory News (MTL)

02 August 2013

METALS EXPLORATION PLC

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.

BOARD CHANGES

The Company announces that Mr Edward Parsons has resigned as a non-executive director of the Company and Mr Julian Wilson has been appointed a non-executive director, effective as of 1 August 2013. Mr Wilson was nominated as a director by Solomon Capital Limited in accordance with the Subscription and Shareholders' Agreement which completed on 5 April 2011.

Mr Julian Graham Wilson, aged 38, is also a director of Evida Consulting Ltd.

Mr Wilson confirms he holds no shares in the Company and there is no further information to be disclosed in accordance with Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies.

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

Metals Exploration PLC info@metalsexploration.com

Ian R. Holzberger +63 (0) 9189 795 992

(Chairman) +61 (0) 418 886 165

Liam A. Ruddy +44 (0) 207 869 5109

(Company Secretary) +44 (0) 7911 719960

Nominated Adviser

Westhouse Securities Ltd +44 (0) 207 601 6100

Martin Davison

Paul Gillam

Public Relations

Tavistock Communications

Edward Portman +44 (0) 207 920 3168

Jos Simson +44 (0) 207 920 3157

Broker

SP Angel Corporate Finance LLP +44 (0) 203 463 2260

Ewan Leggat

Katy Birkin