Annual Report & Financial Statements & AGM Notice

6 June 2012

Beowulf Mining Plc

("Beowulf" or the "Company")

Posting of 2011 Annual Report & Financial Statements

and AGM Notice

Beowulf (AIM: BEM; Aktietorget: BEO), the AIM and Aktietorget traded mineral exploration company which owns several exploration projects in Sweden, announces that further to the release on 29 February 2012 of its preliminary results for the year ended 31 December 2011, its Annual Report and Financial Statements together with a Notice of Annual General Meeting ("AGM") are now available to download from the Company's website at: www.beowulfmining.com and are being posted to shareholders today.

The Company's forthcoming AGM will be held at 11.00 a.m. on Friday 29 June 2012 at St Stephen's Club, 34 Queen Anne's Gate, London SW1H 9AB.

The audited financial statements show an increase of approximately £141,000 in the reported loss for the year ended 31 December 2011 compared to the previously announced unaudited figure, due principally to the payment of a discretionary bonus to one of the executive directors included in administrative expenses. Accordingly, the group's reported loss for the year has increased to £832,235 compared to the previously announced unaudited figure of £690,818.

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