Holdings in Company

4 May 2012

Nyota Minerals Limited ("Nyota or the "Company")

Holding in Company

On 3 May 2012 the Company received notice from Altus Resource Capital Limited ("Altus"), on behalf of Anson Registrars Limited, that it had disposed of 21,050,000 Nyota ordinary shares.

Following this disposal, Altus holds no interest in Nyota ordinary shares.

For further information please contact:

Richard Chase (CEO)

Nyota Minerals Limited

+44 (0) 20 7400 5740

[email protected]

NOMAD

Jen Boorer/ Richard Morrison

RFC Ambrian Limited

+44 (0)20 7634 4709

BROKER

Guy Wilkes

Ocean Equities Limited

+44 (0) 20 7786 4370

BROKER

Rory Scott

Mirabaud Securities LLP

+44 (0)20 7878 3360

FINANCIAL PR

Jos Simson / Paul Youens

Tavistock Communications

+44 (0) 20 7920 3150

Or visit: http://www.nyotaminerals.com