Completion of leach tank 3 rebuild at Freda

15 August 2013

Mwana Africa PLC

("Mwana" or the "Company")

Completion of leach tank 3 rebuild at Freda Rebecca

Mwana Africa is pleased to announce that the tank 3 rebuild programme at Freda Rebecca has now been completed. This follows the damage tank 3 sustained in the leach tank incident reported in February. The tank has been successfully re-commissioned into the leach circuit and the leach circuit is now restored to its optimal operating configuration prior to the February incident.

Kalaa Mpinga, Chief Executive Officer of Mwana, commented:

"The installation of leach tank 3 brings the leach tank incident to a close with the leach circuit now being restored to its original configuration. I would like to express my appreciation for the work done by local management in collaboration with local authorities in dealing with the situation."

For further information contact:

Mwana Africa PLC Tel: +44 (0)20 7654 5580

Donald McAlister / Lorenz Werndle

Nominated Adviser and Broker

Liberum Capital Limited Tel: +44 (0)20 3100 2000

Michael Rawlinson / Tom Fyson / Christopher Kololian

Joint Broker

Peel Hunt Tel: +44 (0)20 7418 8900

Matthew Armitt / Andy Crossley

Public & Investor Relations

Tavistock Communications Tel: +44 (0)20 7920 3150

Ed Portman / Simon Hudson / Mike Bartlett

About Mwana Africa PLC

Mwana Africa PLC is a pan-African, multi-commodity mining and development company. Mwana's principal operations and exploration activities cover gold, nickel, copper and diamonds in Zimbabwe, the DRC and South Africa.

The restart of operations at The Trojan Nickel Mine (owned by Mwana's Zimbabwe subsidiary Bindura Nickel Corporation ("BNC")) follows four years during which all of the BNC assets were on care and maintenance. In September 2012, Bindura Nickel Corporation carried out a restructuring and recapitalisation involving US$23m being invested into BNC which has allowed it to restart the Trojan mine. First sale of concentrate to Glencore took place in April 2013.

Mwana's Freda Rebecca gold mine in Zimbabwe, having restarted operations in 2009, produced 65,350 ozs of gold in the 12 months to March 2013.

In February 2013, Mwana announced that the gold mineral resource at its Zani Kodo project in Democratic Republic of Congo had increased to 2.6 million ounces.

In February 2013, Mwana announced it had signed a Joint Venture Agreement with Zhejiang Hailiang Company Limited to jointly explore some of its copper license areas in the Katanga Province of the DRC.