Appointment of Broker

Katoro Gold plc (Incorporated in England and Wales)

(Registration Number: 9306219)

Share code on AIM: KAT

ISIN: GB00BSNBL022

("Katoro" or "the Company")

Dated: 12 August 2019

Katoro Gold PLC ('Katoro' or the 'Company')

Appointment of Broker

Katoro Gold Plc (AIM:KAT), the Tanzania focused exploration and development company, is pleased to announce that it has appointed SI Capital Ltd as broker to the Company with immediate effect.

Louis Coetzee, CEO of Katoro Gold, said, "I'd like to welcome Nick and SI Capital to the team as we look to continue with the advancement of the Imweru and Lubando gold projects in the Lake Victoria Goldfields of northern Tanzania and the high-grade nickel sulphide Haneti Project ('Haneti'), also in Tanzania. As mentioned recently, we are actively looking to increase the current combined JORC compliant gold resource at Imweru while continuing to develop Haneti in tandem with AIM listed Power Metal Resources plc, who are farming into this highly prospective project. I am bullish about the commodity basket that Katoro offers and I look forward to updating the market on further news as we advance the portfolio up the value chain."

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.

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