Holdings in Company

TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the KEFI Minerals PLC underlying issuer of existing shares to which voting rights are attached: 2: Reason for notification (yes/no) An acquisition or disposal of voting rights no An acquisition or disposal of qualifying financial instruments which nomay result in the acquisition of shares already issued to whichvoting rights are attached An acquisition or disposal of instruments with similar economic noeffect to qualifying financial instruments An event changing the breakdown of voting rights yes Other (please specify): no 3. Full name of person(s) subject to the Standard Life Investments Ltdnotification obligation: 4. Full name of shareholder(s) (if Vidacos Nomineesdifferent from 3.): 5. Date of the transaction (and date on 30/12/2013which the threshold is crossed or reached): 6. Date on which issuer notified: 31/12/2013 7. Threshold(s) that is/are crossed or 5%reached: 8: Notified Details A. Voting rights attached to shares Class/type of share If possible GB00B1HNYB75 use ISIN code Situation previous to the triggering transaction Number of shares Number of voting rights 0 0 Resulting situation after the triggering transaction Number of Number of voting rights Percentage of shares voting rights Direct Indirect Direct Indirect 50,000,000 15,000,000 35,000,000 1.757% 4.100% B. Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ No. of voting Percentage of financial date conversion rights that may voting rights instrument period/date be acquired (if the instrument exercised/ converted) Delta C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments Resulting situation after the triggering transaction Type of financial Exercise Expiration Exercise/ Number of % of votinginstrument price date Conversion voting rights period rights instrument refers to Nominal Total (A+B+C) Number of voting rights Percentage of voting rights 50,000,000 5.857% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holderwill cease to hold: 12. Date on which proxy holder will cease tohold voting rights: 13. Additional information: 14. Contact name: [email protected] Standard Life Investments Ltd 15. Contact telephone number: (0131) 245 6565