Holding(s) in Company

10 November 2017

Sovereign Mines of Africa PLC

("SMA" or "the Company")

Holding in Company

Sovereign Mines of Africa announces that it was informed today that Sir David Ord holds 85,000,000 ordinary shares of 0.01 pence ("Ordinary Shares") in the Company, equal to approximately 9.87 per cent. of the issued share capital of the Company. Sir David Ord holds 50,000,000 Ordinary Shares in his own name and 35,000,000 through David Ord Limited, a company of which he is the ultimate controlling party.

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