Appointment of Non-Executive Director

1 August 2014

Plutus Resources plc

("Plutus Resources" or the "Company")

Appointment of Non-Executive Director

The Board of Plutus Resources is pleased to announce that it has appointed Josephine Dixon as Non-Executive Director of the Company with immediate effect.

Jo Dixon has over ten years' experience as a non-executive director of listed companies. Miss Dixon is currently a non-executive director and senior independent director of Worldwide Healthcare Trust PLC, she is non-executive director and audit committee chairman of Baring Emerging Europe PLC, Standard Life Equity Income Trust PLC and JP Morgan European Investment Trust PLC. Miss Dixon is also a non-executive director of Strategic Equity Capital plc.

Miss Dixon is a qualified Chartered Accountant having trained with Touche Ross in London. She has experience in an executive capacity in financial services, principally at Natwest where Miss Dixon held a number of senior roles in both the management of the investment bank and the main bank working directly for the chief executive officer. In 1995 she became finance director of Newcastle United where, having ensured there was a sound financial management system, raised debt to support a significant growth strategy. She played a key role in the successful London Stock Exchange flotation raising £54m in equity. She has subsequently been commercial director of UK Europe Middle East division of Serco Group and has held a number of interim finance director roles and consultancy positions in differing sectors.

Charles Tatnall, Chief Executive Officer commented "Jo brings with her a wealth of experience and we are delighted to welcome her to the Board of Plutus Resources. We continue to progress the acquisition of Plutus Energy Limited and look forward to working with Jo during the next stage in the Company's development."

Miss Josephine Dixon, aged 54, currently holds or has held the following directorships and partnerships in the last five years:

There is no other information that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.

Enquiries:

Plutus Resources plc

+44 (0) 20 8720 6562

Charles Tatnall

James Longley

SP Angel Corporate Finance LLP

+44 (0) 20 3463 2260

Ewan Leggat

Laura Harrison