Director/PDMR Shareholding

19 August 2014 Sula Iron & Gold plc ("Sula" or the "Company") Directors' Shareholdings Sula Iron & Gold plc (AIM:SULA), the exploration and development companyfocused on iron ore and gold in Sierra Leone, announces that, on 18 August2014, certain Sula directors acquired ordinary shares in the Company, detailsof which are provided in the table below. Director Number of Number of Price (p) Number of % of issued shares held shares shares held share previously acquired currently capital Matt Wood 444,444 217,864 2.300 662,308 0.24 Andrew Dacey - 100,000 2.245 100,000 0.04 For further information please visit www.sulaironandgold.comor contact thefollowing: Nick Warrell / Matt Wood Sula Iron & Gold plc +44 (0) 20 7583 8304 James Caithie / Avi Robinson Cairn Financial Advisers +44 (0) 20 7148 7900 LLP Martin Lampshire Daniel Stewart & Company +44 (0) 20 7776 6550 Plc Dominic Barretto / Kelsey Yellow Jersey PR +44 (0)7768 537 739Traynor