Strategic Minerals Regulatory News (SML)

24 October 2012

Strategic Minerals Plc

("Strategic Minerals" or the "Company")

Appointment of Finance Director

Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the magnetite iron ore producer and exploration company, is pleased to announce the appointment of David Anderson to the Board of the Company as Finance Director with immediate effect.

David qualified as a chartered accountant with BDO LLP in 1990 and was admitted to the partnership in 1998. He remained with BDO until 2009 where he progressed to Lead Partner, responsible for a 120 staff audit team. After leaving BDO David was appointed as Interim Finance Director of Hakkasan Limited, owner of two Michelin starred restaurants in London. In November 2010 he joined Crowe Clark Whitehill LLP as an Audit and Advisory Partner.

James Fyfe, Executive Chairman of Strategic Minerals, commented: "We are delighted to welcome David to the Board of Directors of the Company. His professionalism, financial skills and experience significantly strengthen the management team in key areas as we implement the Company's strategic development plan. We are encouraged by his belief in our business model and his commitment to playing an important part in what we are convinced will be an exciting future for the Company".

Regulatory disclosures:

David Mark Anderson (aged 49) is or has been a director of the following companies and partnerships within the past 5 years:

Current directorships/partnerships:

·; Alithia LLP

·; Fairfield Opportunity Farm (Dilton) Ltd

Former directorships/partnerships within the past 5 years:

·; Crowe Clark Whitehill LLP

·; BDO LLP

Contact: