Termination of Joint Broker

9 August 2012

Alexander Mining plc

("Alexander" or ''the Company'')

Termination of Joint Broker

Alexander announces that it has terminated its appointment of XCAP Securities plc as joint broker to the Company.

For further information please contact:

Alexander Mining plc

1st Floor

35 Piccadilly

London

W1J 0DW

Tel: +44 (0) 20 7292 1300

Fax: +44 (0) 20 7292 1313

Email: mail@alexandermining.com

Website: www.alexandermining.com

Nominated Advisor and Broker

RFC Ambrian Limited

Samantha Harrison / Jen Boorer

+44 (0) 20 3440 6800

Public/Media Relations

Britton Financial PR

Tim Blackstone

+44 (0) 20 7242 9786

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.