Despatch of Circular and Notice of EGM

AIM: EMED TSX: EMD 17 February 2012

Despatch of Circular and Notice of Extraordinary General Meeting

Further to its announcement on 6 February 2012 relating to a proposed aggregate funding package of US$30 million with Yanggu Xiangguang Copper Co. Ltd ("XGC"), EMED Mining Public Limited ("EMED Mining" or "the Company"), the Europe-based minerals development and exploration company, has today posted a circular to shareholders (the "Circular") giving notice of an Extraordinary General Meeting ("EGM") of the Company to be held at 10.00 a.m. Cyprus time on 12 March 2012 at the Company's registered office at 1 Lampousas Street, 1095 Nicosia, Cyprus. The EGM will consider resolutions to approve, inter alia, the allotment of 105,378,159 ordinary shares in the Company to a wholly-owned subsidiary of XGC pursuant to a subscription agreement dated 6 February 2012 between the Company and XGC.

Copies of the Circular will be available, free of charge, at the registered office of the Company, 1 Lampousas Street, 1095 Nicosia, Cyprus during normal business hours on any weekday until 12 March 2012 (Saturdays, Sundays and public holidays excepted) and is also available at or under the Company's profile on SEDAR at www.sedar.com.

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