Additional Listing



For immediate release

29 July 2011

African Minerals Limited

 ("African Minerals" or the "Company")

 Additional Listing on Exercise of Share Options

African Minerals Limited (AIM:AMI) announces that on 29 July 2011 73,332 new common shares of US$0.01 each ("New Common Shares") have been issued and allotted pursuant to the exercise of share options.

Application has been made for the New Common Shares to be admitted to trading and these will rank pari passu with the Company's existing common shares. Admission of the New Common Shares to AIM is expected on 4 August 2011.

Subsequent to the issuance of these New Common Shares, African Minerals will have 328,180,790 common shares in issue.

Contacts:

African Minerals Limited +44 20 7104 2280

Mike Jones

Deutsche Bank +44 20 7545 8000

Rupert Green

Aura Financial +44 20 7321 0000

Michael Oke / Andy Mills