"Heli-mag" Survey Commences at Manus Island

 29 June 2011

Triple Plate Junction Plc

("TPJ" or the "Company")

"Heli-mag" Survey Commences at Manus Island

TPJ is pleased to announce that Newcrest PNG Exploration Limited, a subsidiary of Newcrest Mining Limited ("Newcrest"), the Company's partner in the Manus Island Joint Venture in Papua New Guinea ("PNG"), has entered a significant phase of the exploration programme by commencing a comprehensive helicopter-borne magnetic-radiometric geophysical survey over the entire project area.

The survey will cover the entire known mineralized corridor extending some 30km within the project area. It will target known porphyry copper-gold systems such as the Arie and Kren prospects, as well as the Kisi low sulphidation gold vein system. TPJ previously drilled three scout diamond drill holes at the Kisi prospect totaling 402 metres which intersected epithermal quartz veining with significant gold values ranging from 1.57m grading 8.08g/t to 5.6m at 4.98g/t.

Bill Howell, TPJ's Exploration Director, commented: "The heli-mag survey is an important and powerful exploration tool, which is now being used for the first time in the project area. The survey, together with surface geochemical sampling and mapping being carried out by Newcrest, will help prioritise and define potential drilling targets at the porphyry copper-gold alteration systems such as the Arie prospect, and help identify structural trends that may control the low-sulphidation gold vein systems such as at Kisi. It is also likely that additional targets will be recognised from the heli-mag data."

Fraser McGee, TPJ's CEO said:

"We are delighted that the heli-mag survey is now underway after being delayed by logistical and operating issues, and we believe it is likely that the data being generated will enable Newcrest to proceed to the next phase of target drilling during the course of the year."

For further information, please contact:

Triple Plate Junction Plc +44 (0) 7775 693 237

Fraser McGee

Daniel Stewart & Company plc +44 (0) 20 7776 6550

Antony Legge / Oliver Rigby

Financial Dynamics +44 (0) 20 7831 3113

Ben Brewerton / Oliver Winters

This announcement is also available on the Company's web site: www.tpjunction.com

TPJ's Director of Exploration Bill Howell, BSc (Hons), FAusIMM as the competent person under the JORC 2004 code has reviewed this statement and authorised its release.

Newcrest is the world's third largest gold producer and is listed on the Australian stock exchange (ASX: NCM) with a current market capitalisation approaching A$30 billion.