Exercise of Options 

Exercise of Options

LONDON, UNITED KINGDOM, Nov 29, 2012 (Menafn - Marketwire via COMTEX) --Amara Mining plc (aim:AMA) has received notice that, on 23 November 2012, an employee of the Company exercised options over 42,000 ordinary shares of 1p each in the Company ("Ordinary Shares").

Pursuant to the exercise of these options, the Company has made application to the London Stock Exchange for 42,000 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 5 December 2012.

Following this notification, the Company has 168,089,937 Ordinary Shares in issue.

FOR FURTHER INFORMATION PLEASE CONTACT: Amara Mining plcJohn McGloinChairman44 (0)20 7398 1420

Amara Mining plcPeter SpiveyChief Executive Officer44 (0)20 7398 1420

Amara Mining plcPete GardnerFinance Director44 (0)20 7398 1420

Amara Mining plcKatharine SuttonHead of Investor Relations44 (0)20 7398 1420

Canaccord Genuity Limited(Nominated Adviser & Broker, London)Rob Collins44 (0)20 7523 8350

Canaccord Genuity Limited(Nominated Adviser & Broker, London)Sebastian Jones44 (0)20 7523 8350

Canaccord Genuity Limited(Nominated Adviser & Broker, London)Joe Weaving44 (0)20 7523 8350

Pelham Bell Pottinger(Financial Public Relations)Charlie Vivian44 (0)20 7861 3232

Pelham Bell Pottinger(Financial Public Relations)Daniel Thole44 (0)20 7861 3232

Pelham Bell Pottinger (Financial Public Relations) James MacFarlane 44 (0)20 7861 3232

SOURCE: Amara Mining plc

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