Appointment of Administrators

26 March 2015

African Minerals Limited

("African Minerals", "AML", or "the Company")

Appointment of Administrators

Further to the announcement of 6 March 2015, the Company advises that pursuant to orders of the High Court in London, Neville Kahn and Ian Wormleighton of Deloitte LLP, 66 Shoe Lane, London, EC4A 3BQ have today been appointed as joint administrators of the Company and of its subsidiary African Minerals Engineering Limited. None of the Company's other subsidiaries are affected by today's announcement.

Contacts:

African Minerals Limited

+44 20 3435 7600

Matthew Hird / Francis O'Neill