Exercise of Options

AIM: EMED

TSX: EMD

20 June 2013

EMED Mining Public Limited

("EMED Mining" or the "Company")

Exercise of Options

EMED Mining Public Limited, the Europe-based minerals development and exploration company, announces that it has received notice that a number of its employees and advisers exercised options over 2,217,000 ordinary shares of 0.25 pence each in the capital of the Company ("Ordinary Shares"). All of these options were originally granted on 22 March 2009 and have an exercise price of 4.13 pence per Ordinary Share. All options in this series have now been exercised (refer to previous announcement dated 18 June 2013).

The Company has made application to the London Stock Exchange for 2,217,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or about 24 June 2013.

Following the issue of Ordinary Shares pursuant to the exercise of options, the Company will have 1,185,915,948 Ordinary Shares in issue.

Enquiries

EMED Mining Harry Anagnostaras-Adams +357 9945 7843

RFC Corporate Finance Stuart Laing +61 8 9480 2500

Fox-Davies Capital Susan Walker +44 203 463 5028

Bishopsgate Communications Nick Rome +44 207 562 3350

Proconsul Capital Andreas Curkovic +1 416 577 9927

Note re US Securities

The Ordinary Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. No securities commission has approved or disapproved the contents of this press release.