Directorate Change

16th August 2013

Plutus Resources plc

("Plutus" or the "Company")

Board Change

The board of Plutus (AIM:PLR) announces that Nicholas Lee has resigned as a non-executive director of the Company with immediate effect due to increasing other work commitments.

The board of Plutus has commenced the search for a replacement non-executive director and a further announcement will be made in due course.

For further information please contact:

Plutus Resources plc

Charles Tatnall, Executive Director Tel: +44 (0) 1483 400 610James Longley, Finance Director

Allenby Capital Limited

Nominated Adviser and Broker: Tel: +44 (0) 20 3328 5656

Mark Connelly

Nick Athanas