Appointment of Joint Broker

20 June 2011

Mwana Africa plc

("Mwana Africa", or "the Company")

Appointment of Joint Broker

Mwana Africa plc is pleased to announce the appointment of XCAP Securities plc as the Company's Joint Broker with immediate effect.

Ambrian Partners Limited will continue as Nominated Adviser and Joint Broker to the Company.

Enquiries:

Mwana Africa plc

Oliver Baring - Executive Chairman Tel: +44 (0)20 7654 5580

Nomad and Joint Broker

Ambrian Partners Limited

Anthony Rowland / Jen Boorer Tel: +44 (0)20 7634 4700

Joint Broker

XCAP Securities plc

Jon Belliss / John Grant / Parimal Kumar Tel: +44 (0)20 7101 7070

Public Relations

Merlin 

David Simonson/ Anca Spiridon Tel: +44 (0)20 7726 8400