Final Results

Red Leopard Holdings Plc

("Red Leopard" or the "Company")

Final Results

I am pleased to present the financial statements for the year to 31 December 2011 for Red Leopard Holdings Plc and its wholly owned subsidiaries, Harrell Hotels (Europe) Limited and Red Leopard Management Limited (together, the "Group").

Net deficit on equity of the Group as at 31 December 2011 was £78,342 (2010: £172,020) and the loss for the year attributable to the equity holders of the parent was £369,738 (2010: profit £256,758). The loss for the year can be attributed to additional costs incurred including the establishment and running of a new office in the South West which was opened during the period and the costs associated with the capital reorganisation approved at the General Meeting held on 2 December 2011.

As at 31 December 2011, net cash for the Group was £10,129 (2010: £30,575).

Throughout the period, the Board has continued to investigate and review investment opportunities, particularly in the property sector, given the current level of asset values and potential opportunity to achieve material upside in capital values. Whilst progress has been made in the identification of businesses with strong management teams, significant profit streams and no debt exposure, valuations of potential transactions has proved difficult in this uncertain market.

In respect of existing projects, the most advanced is the previously announced proposed purchase of a site in the South West for £1.85 million through the Group's subsidiary, Red Leopard Management Limited (RLML).The acquisition was originally expected to complete by the end of Q2 2012 however the Board expects this timescale will now be extended. Legal, financial and technical due diligence is underway in relation to the transaction but it remains subject to contract, both in respect of its purchase and re-sale by RLML.

The Board remains hopeful that the deal will still complete but, given the current economic climate and its effect on the property and hospitality sector, the Board is now undertaking a broader strategic review of the options available for the Group's future development.

With this in mind, the Board believes it is in the best interests of the shareholders to consider other opportunities outside of the property and hospitality sector and specifically in the natural resources sector, where the Board has considerable experience, pursuing projects which could fulfil the criteria of near- term production with further exploration potential. In the event that the Company does formally change its strategy and invest in or acquire an interest in a natural resources project or company it is likely to require shareholder approval under the AIM rules.

The Company will update shareholders as and when appropriate and, in any event, following completion of the strategic review which is expected to be by the end of the third quarter, 2012.

A notice convening a General Meeting of the Company to be held on 20 July 2012 at 10 am accompanies the full report and accounts which have been sent to shareholders and are available to download from the Company's website: www.redleopardholdings.com.

J J May

Chairman

Enquiries:

Consolidated statement of comprehensive income for the year ended 31 December 2011

Consolidated statement of financial position for the year ended 31 December 2011

Company statement of financial position for the year ended 31 December 2011

Consolidated statement of changes in equity for the year ended 31 December 2011

Company statement of changes in equity for the year ended 31 December 2011

Consolidated statement of cash flows for the year ended 31 December 2011

Company statement of cash flows for the year ended 31 December 2011

Notes:

1. This statement has been prepared using accounting policies and presentation consistent with those applied in the preparation of the statutory accounts of the Company.

2. The summary accounts set out above do not constitute statutory accounts as defined by Section 428 of the UK Companies Act 2006. The consolidated statement of comprehensive income, the consolidated and company statements of financial position, consolidated and company statement of changes in equity and the consolidated and company statements of cash flows for the year ended 31 December 2011 have been extracted from the Group's 2011 statutory financial statements upon which the auditor's opinion is unqualified. The results for the period ended 31 December 2011 have been extracted from the statutory accounts for that period, which contain an unqualified auditor's report.

3. Basic earnings per ordinary share for the year is based on the loss of £369,738 (2010: profit £256,758) and a weighted average of 414,215,286 (2010: 443,458,630) ordinary shares.

For diluted earnings per share, the weighted average number of ordinary shares in issue is adjusted to assume conversion of all potential dilutive ordinary shares. Items included in the calculation are options for ordinary shares.

The effect of conversion of all potential dilutive ordinary shares would have an anti-dilutive effect on earnings per share and therefore they have been incorporated in the diluted earnings per share calculation. Potential ordinary shares are only treated as dilutive when their conversion to ordinary shares would decrease profit per share or increase loss per share.

4. The annual report and accounts were today posted to shareholders. These are also available to download from the Company's website, www.redleopardholdings.com.

5. A General Meeting of the Company will be held on 20 July 2012 at 10 am, at 233-237 Old Marylebone Road, London NW1 5QT.