Ruvuma Farm-Out Update

30 July 2020

Aminex plc

("Aminex" or "the Company")

Ruvuma Farm-Out Update

Aminex announces that the parties to the Ruvuma Farm-Out Agreement have agreed to extend the long stop date for satisfaction of the conditions to the Farm-Out from 31 July 2020 to 31 August 2020. Aminex and ARA Petroleum Tanzania Limited ("APT") continue to work closely with the Tanzanian Government to obtain approval for the Farm-Out.

Robert Ambrose, Executive Chairman of Aminex commented:

"We are grateful for ARA Petroleum's continued support to the Company as we all strive to close the Farm-Out."

The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014, and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.