Change of name of nominated adviser

Nyota Minerals Limited ("Nyota or the "Company")

Change of name of nominated adviser

The Company's nominated adviser has changed from Ambrian Partners Limited ("Ambrian") to RFC Group Limited ("RFC Group") following completion of the acquisition of Ambrian by RFC Group. It should be noted that RFC Group will operate its nominated adviser activities in the UK through Ambrian.

From May 2012, RFC Group will be renamed RFC Ambrian Group Limited and Ambrian will be renamed RFC Ambrian Limited.

For further information please contact:

Richard Chase (CEO)

Nyota Minerals Limited

+44 (0) 20 7400 5740

[email protected]

NOMAD

Richard Morrison / Jen Boorer

Ambrian Partners Limited

+44 (0)20 7634 4709

BROKER

Guy Wilkes

Ocean Equities Limited

+44 (0) 20 7786 4370

BROKER

Rory Scott

Mirabaud Securities LLP

+44 (0)20 7878 3360

FINANCIAL PR

Jos Simson / Paul Youens

Tavistock Communications

+44 (0) 20 7920 3150

Or visit: http://www.nyotaminerals.com