Publication of Prospectus

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, CANADA, JAPAN, SOUTH AFRICA, SINGAPORE, HONG KONG OR AUSTRALIA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

This announcement is an advertisement and not a prospectus. Investors should not purchase or subscribe for any transferable securities referred to in this announcement except on the basis of information contained in the prospectus in its final form published by Acorn Minerals Plc in connection with the admission of its ordinary shares to the Standard Listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange plc's main market for listed securities.

Acorn Minerals Plc ("the Company")

Publication of Prospectus

Acorn Minerals Plc has today published a prospectus (the "Prospectus") in connection with its proposed admission of the entire issued share capital of the Company to the Standard Listing segment of the Official List of the UK Listing Authority and to trading on the Main Market of the London Stock Exchange, and the placing of 7,739,255 ordinary shares in the Company at a placing price of 20p per share.

The Prospectus has been approved by the UK Listing Authority. A copy of the prospectus is available from http://www.acornminerals.com/prospectus and a copy has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.hemscott.com/nsm.do.