Exercise of warrants

Strategic Natural Resources Plc

("SNR" or the "Company")

Exercise of warrants

SNR, the AIM listed natural resources developer operating in South Africa, has received notice that SP Angel Corporate Finance LLP has exercised warrants (the "Warrants") over 958,250 new ordinary shares of 1p each in the Company ("Warrant Shares"). The Warrants have an exercise price of 15p and will raise a total of £143,737 for the Company. The Warrants were granted in relation to a fundraising completed by the Company in April 2010, which was arranged by SP Angel. Following this exercise, SP Angel hold no further warrants over the Company's share capital.

Application will be made for the Warrant Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 26 April 2013. On Admission the Company's total issued share capital will consist of 171,061,583 ordinary shares of 1p each. The Company does not hold any shares in treasury. Therefore the total number of voting rights in the Company will be 171,061,583. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

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For further information about Strategic Natural Resources plc please visit www.snrplc.co.uk