Directorate Change

31 July 2013 Sula Iron & Gold plc (`Sula' or `the Company') Directorate Change Further to the interim results announcement on 28 June 2013, Sula Iron & Goldplc, an iron ore and gold exploration company focussed on Sierra Leone,announces the resignation of Brian Moritz as Chairman with effect from today.The remaining directors would like to thank Mr Moritz for his hard work andcontribution to the Company and wish him every future success. The Company will announce the appointment of a new Chairman in due course. For further information please visit www.sulairongold.com or contact thefollowing: Gavin Burnell Sula Iron & Gold plc +44 (0) 20 7796 8800 James Caithie/Avi Robinson Cairn Financial Advisers LLP +44 (0) 20 7148 7900 John Howes/Alice Lane Northland Capital Partners +44 (0) 20 7796 8800 Limited Chris Rourke/Guy Wheatley Beaufort International +44 (0) 20 7382 8387 Associates Ltd Felicity Edwards/Charlotte St Brides Media and Finance +44 (0) 20 7236 1177Heap Ltd