Holding(s) in Company

13 July 2010

Polo Resources Limited("Polo Resources" or "the Company")

Holdings in Company

Polo Resources Limited (AIM and TSX: POL) was notified today by Angstrom Capital Limited ("Angstrom") that as at 13 July 2010, Angstrom holds an interest of below 3% of Polo Resources' issued share capital and therefore no longer has a notifiable interest.

Contacts:

Polo Resources Limited

Neil Herbert

Executive Co-Chairman

+ 27 82 404 36 37

Canaccord Genuity Limited

Ryan Gaffney / Bhavesh Patel

+ 44 (0) 20 7050 6500

Toronto

James McVicar

Heenan Blaikie LLP

+1 416 643 6903

Financial Dynamics

Ben Brewerton / Ed Westropp

+ 44 (0) 20 7831 3113