Participation in Rights Issue

East West Resources Plc

Participation in Rights Issue

East West Resources Plc ("EWR" or the "Company") announces that, at a general meeting of Consolidated General Minerals plc ("CGM") held on the 30th January 2014, shareholders approved a conditional open offer of up to 19,389,967 new ordinary shares in CGM (the "New Ordinary Shares") at a price of 17 pence per New Ordinary Share on the basis of 1 New Ordinary Share for every 2.75 existing ordinary shares (the "Open Offer").

Pursuant to the Open Offer, the Company has received its pro-rata allocation of 2,203,427 New Ordinary and a further 429,689 New Ordinary Shares for an aggregate cash amount of £447,630.

EWR now holds a total of 8,692,543 ordinary shares in CGM, representing 11.95 per cent of CGM's enlarged issued share capital.

Funds from the Open Offer are to be used principally to:

- fund CGM's general working capital requirements; and

- fund the development of CGM's activities in sub-Saharan Africa, more particularly Mozambique, and possibly develop a cement mill in Myanmar.

Additional information can be found on the CGM website: www.cgmplc.com

For further information, please contact:

East West Resources plc

Roger Clegg +44 207 634 4785

Cenkos Securities

Neil McDonald +44 131 220 9771