Director’s Subscription

12 July 2013 KEFI Minerals Plc. ("KEFI Minerals" or the "Company") Director's Subscription KEFI Minerals Plc, an AIM-quoted gold and copper exploration company withprojects in the Kingdom of Saudi Arabia, is pleased to announce that followingthe requisite approvals, Jeff Rayner, the Company's Managing Director hassubscribed for 1,000,000 ordinary shares (the "Subscription Shares") at a priceof 2.1p per ordinary share raising £21,000. This subscription is on the sameterms as the placing announced by the Company on 5 July 2013. Following the subscription, Jeff Rayner will be interested in 2,533,333ordinary shares representing 0.5 per cent of the issued share capital followingadmission of the Subscription Shares to trading on AIM ("Admission"). Admission and DTR Application has been made to London Stock Exchange plc for Admission and it isexpected that Admission will become effective and that dealings will commencein the Subscription Shares on 18 July 2013. Following Admission, KEFI Minerals will have 498,536,832 ordinary shares inissue and this is the figure which should be used as the denominator for thecalculations by which shareholders will determine if they are required tonotify their interest in, or a change to their interest in the Company underthe Disclosure and Transparency Rules. --ENDS-- For further information please contact: KEFI Minerals plc. +90 533 928 19 13Jeffrey Rayner Fox-Davies Capital +44 20 3463 5028Susan Walker Bishopsgate Communications +44 207 562 3366Nick Rome