HOLDINGS IN COMPANY

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

Holding(s) in Company

On 28 November 2011 the Company received a notice of initial substantial holder in the ordinary shares of the Company (Form 603) from Nomura Australia Limited.

Nomura Australia Limited now holds 23,983,574 Nyota ordinary shares representing approximately 5.02 per cent of the Company's issued share capital.

To view the full Form 603, paste the following link into your web browser:

http://www.rns-pdf.londonstockexchange.com/rns/9806S_-2011-11-29.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 4700

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.