Change of Nominated Adviser and Broker

10 November 2017

Sovereign Mines of Africa PLC

("SMA" or "the Company")

Change of Nominated Adviser and Broker

Sovereign Mines of Africa is pleased to announce that it has appointed Allenby Capital Limited as its nominated adviser and broker with immediate effect.

Enquiries:

SOVEREIGN MINES OF AFRICA PLC

Giles Clarke - c/o Camarco +44 20 3757 6983

ALLENBY CAPITAL - Nominated Adviser & Broker

Jeremy Porter / James Thomas / Asha Chotai +44 20 3328 5656

CAMARCO

Tom Huddart / Ginny Pulbrook / Billy Clegg +44 20 3757 6983