Change of Adviser

Sable Mining Africa Ltd / Index: AIM / Epic: SBLM / Sector: Natural Resources

21 March 2013

Sable Mining Africa Limited ('the Company')

Change of Adviser

Sable Mining Africa Limited, the AIM listed exploration company, announces that Cantor Fitzgerald Europe has been appointed as the Company's Nominated Adviser with immediate effect.

This follows the acquisition of certain assets and businesses of Seymour Pierce Limited by Cantor Fitzgerald Europe. For further information see the AIM Notice dated 8 February 2013.

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About Cantor Fitzgerald Europe

Cantor Fitzgerald Europe is a leading global financial services firm at the forefront of financial and technological innovation. It is an unlimited liability company incorporated in the England with its head office at 17 Crosswall, London, E14 2LS. It also operates from branches in Milan, Paris and Tel Aviv. It is authorised and regulated in the United Kingdom by the Financial Services Authority (reference number 149380), and is a member of the London Stock Exchange. It provides an array of financial services to global clients including corporate finance, corporate broking, research, equity and fixed income execution, trading and market making, derivatives, fx, spread betting and CFDs. For more information please visit www.cantor.com.

About Sable Mining Africa Ltd

Sable Mining Africa Ltd is an AIM listed resource company developing a multi staged portfolio of assets in Africa, focussing primarily on iron ore and coal.

The Company has a world class portfolio of iron ore projects with multi-billion tonne potential in West Africa, primarily Guinea and Liberia as well as a coal portfolio with a multi-billion tonne attributable resource across near-term production and exploration/development assets in South Africa and Zimbabwe. Importantly, all of the Company's key assets benefit from established infrastructure which the Board recognise is a crucial aspect of successfully developing bulk tonnage development projects.

Sable Mining has a strong cash treasury and a highly experienced board and management team, ensuring that it is well positioned to enhance the actual and attributable value of its assets to become a major new player in the sub-Saharan resource exploration and development industry.