Completion of Sale

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

12 May 2010

Midas Capital PLC

Completion of the sale of Midas Capital Asset Management (Pty) Ltd and

Midas Capital International Ltd and subsidiary

Midas Capital PLC has today completed the sale of Midas Capital International Ltd, together with its subsidiary Midas Capital (Guernsey) Ltd and Midas Capital Asset Management (Pty) Ltd which was announced on 31 March 2010.

For further information, please contact:

Colin Rutherford, Executive Chairman, Midas Capital plc 07768 053 054

Roland Cross, Director, Broadgate Mainland 020 7726 6111

James Steel, Arbuthnot Securities Limited 020 7012 2000

(Nominated Advisor and Broker to Midas)