Acquisition

BERKELEY MINERAL RESOURCES PLC

("BMR" or "the Company")

ACQUISITION UPDATE

Berkeley Minerals Resources plc, the AIM listed company that is primarily engaged in processing mining tailings, wishes to update the market regarding the acquisition of tailings dumps at the Kabwe Mine in Zambia. The complex legal and other documentation required to complete the acquisition is continuing to be finalised and the acquisition is expected to be completed in the next three to four weeks. The Directors will make further updates in due course.

5th November 2010

Contacts:

Masoud Alikhani, Chairman, Berkeley Mineral Resources 020 7408 1181

Stewart Dickson / Jonathan Wright, Seymour Pierce 020 7107 8000

Michael Padley / Gary Middleton, Lothbury Financial Services 020 7868 2010