Directorate Change

12 July 2011

African Minerals Limited

Directorate Change

African Minerals Limited ("AML" or "the Company") announces that Mr. Bernard Pryor has today joined the Company as an Independent Non-Executive Director, as per the announcement of 12 April 2011. Concurrent with Mr. Pryor joining the Board, Mr. Mark Ashurst has today stepped down as a Non-Executive Director.

Commenting on the Board changes, Frank Timis, Executive Chairman of African Minerals said:

"I am delighted to welcome Bernie to the Company. His deep understanding of the iron ore and global mining industries will prove invaluable as we continue our transformation into a major iron ore producer. I would also like to take this opportunity to thank Mark for all his hard work during the three plus years he has spent as a Non-Executive Director of the Company. His knowledge and expertise has been an invaluable asset in African Minerals development."

Ends

For further information please contact

African Minerals Limited +44 20 7104 2280

Mike Jones

Aura Financial +44 20 7321 0000

Michael Oke / Andy Mills

Canaccord Genuity Limited +44 20 7050 6500

Robert Finlay / Guy Blakeney

Notes to Editors

African Minerals is developing the wholly owned Tonkolili iron ore project in Sierra Leone, with a JORC compliant resource of 12.8Bnt. The project, which currently has a 60+ year mine-life, is being developed in 3 phases. Phase I of the project is fully funded and at full capacity is expected to produce 12 million tonnes of iron ore per annum once it ramps up from initial production in Q4 2011. Phases II and III are expected to boost production incrementally by 23Mtpa and 45Mtpa respectively. African Minerals and its contractors currently employ approximately 3,600 people in Sierra Leone, 78% of whom are Sierra Leonean nationals.

The Company is also developing significant port and rail infrastructure to support the development of the project, via African Rail and Port Services ("ARPS"), with the Government of Sierra Leone as 10% partners.

African Minerals is registered in Bermuda and is listed on the AIM market of the London Stock Exchange.