HOLDINGS IN COMPANY

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

Holding(s) in Company

The Company received notification on 7 October 2011 via ASX form 604 of a change in the notifiable interest in the ordinary shares of the Company ('Ordinary Shares') of JP Morgan Chase & Co. and its affiliates.

JP Morgan Chase & Co. and its affiliates now hold 41,551,271 shares representing approximately 8.69 per cent of the issued share capital.

To view the full ASX Form 604, paste the following link into your web browser:

http://www.rns-pdf.londonstockexchange.com/rns/9708P_-2011-10-11.pdf

For further information please contact:

Richard Chase (CEO)

Nyota Minerals Limited

+44 (0)20 7400 5740

[email protected]

NOMAD

Anthony Rowland / Jen Boorer

Ambrian Partners Limited

+44 (0)20 7634 4858

BROKER

Guy Wilkes

Ocean Equities Limited

(+44) (0) 20 7786 4370

BROKER

Rory Scott

Mirabaud Securities LLP

(+44) (0)20 7878 3360

FINANCIAL PR

Paul Youens / Jos Simson

Tavistock Communications

(+44) (0)20 7920 3150

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

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.