Annual Report and Accounts and Notice of AGM

Sierra Rutile Limited ("the Company")

Annual Report and Accounts and Notice of AGM

16 June 2011: The Company confirms, pursuant to AIM Rule 20, that its Annual Report and Accounts for the year ended 30 December 2010 together with the Notice of Annual General Meeting and Form of Proxy were yesterday posted to shareholders of the Company.

Copies of the Annual Report and Accounts and the Notice of Annual General Meeting are available for download from the Company's website at www.sierra-rutile.com.

The Annual General Meeting of the Company will be held at the offices of Olswang LLP, 90 High Holborn, London, WC1V 6XX at 10.00 a.m. on 6 July 2011.

ENDS

Sierra Rutile Limited

John Sisay, Chief Executive

Tel: +44 (0) 207 321 0000

Collins Stewart Europe Limited

Nominated Adviser and Joint Broker

John Prior

Telephone: +44 (0) 20 7523 8350

Aura Financial

Andy Mills / Harry Cameron

Tel: +44 (0) 207 321 0000