Update regarding Q1 results

Amsterdam, 18 May 2016

Update regarding Q1 results

The Q1 2016 results of the New World Resources Plc ("NWR Plc" and together with its subsidiaries, the "NWR Group") were due to be announced on 18 May 2016.

As a result of recent events in the NWR Group related to the filing of an insolvency petition on behalf of OKD, a.s. ("OKD"), NWR Plc is not currently in a position to announce its Q1 2016 results.

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Investor and Media Contact:

Radek Nemecek

Tel: +420 727 982 885

rnemecek@nwrgroup.eu

Website: www.newworldresources.eu

About NWR:

New World Resources Plc is a Central European hard coal producer. NWR produces quality coking and thermal coal for the steel and energy sectors in Central Europe through its subsidiary OKD, the largest hard coal mining company in the Czech Republic.