Exercise of Options

22 Jun 2011 07:00

22 June 2011 KEFI Minerals Plc ("KEFI Minerals" or the "Company") EXERCISE OF OPTIONS

KEFI Minerals announces that it yesterday received notice that an employee of the Company has exercised options over 500,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares").

Application has been made to admit 500,000 new Ordinary Shares to trading on AIM, and dealings in the Ordinary Shares is expected to commence on 27 June 2011.

Following the issue of the Ordinary Shares pursuant to the exercise of options, the Company will have 364,979,689 Ordinary Shares in issue.

Enquiries:KEFI Minerals www.kefi-minerals.comJeffrey Rayner +90 533 928 19 13Fox-Davies CapitalSimon Leathers +44 203 463 5010Bishopsgate Communications Michael Kinirons +44 207 562 3395