AXA Group - Disaggregation Exemption Notification

20 October 2011

Amerisur Resources PLC

("Amerisur" or the "Company")

AXA Group - Disaggregation Exemption Notification

The Company was notified on 17 October 2011 that, following the disaggregation exemption notified to the FSA under the Disclosure and Transparency Rules on 17th October 2011, AXA SA and its subsidiary notifying Group entities, acting independently from their parent and from each other, no longer have any reportable holdings in Amerisur Resources Plc on a Group aggregated basis. However, AXA Investment Managers SA has now crossed the 5% threshold and has a holding of 6,51% and 59 579 000 shares on a Group disaggregated basis as an independent Group subsidiary."

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