Result of AGM

1 September 2016

Duke Royalty Limited (the "Company")

Result of AGM

The Company is pleased to announce that at the AGM of the Company held earlier today, all resolutions were duly passed.

For further information, please contact:

Duke Royalty Limited

Neil Johnson

Charlie Cannon-Brookes

+44 (0) 1481 741 240

Peel Hunt LLP (Nominated Adviser)

Edward Knight

Jock Maxwell Macdonald

+44 (0)20 7418 8900