Holding(s) in Company

For Release on 29 February 2012

Avarae Global Coins plc

( the "Company")

Holding(s) in Company

The Directors of Avarae Global Coins plc (AIM: AVR.L), the UK's only publicly traded company dedicated to investing in rare and high quality coins, were notified on 27 February 2012 that following the purchase of 25,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") on 22 February 2012, Skyhill Limited is now interested in 2,425,000 Ordinary Shares, representing 3.0% of the Company's issued ordinary share capital.

For further information on Avarae Global Coins plc, please contact:

Avarae Global Coins plc

Diane Clarke/Matt Wood +44 (0)16 2461 5614

Collins Stewart Europe Limited

Matt Goode +44 (0)20 7523 8350

GTH Media Relations

Toby Hall +44 (0)20 3103 3903

Notes to editors:

Avarae Global Coins plc ("Avarae") provides access for institutions and individuals wanting to diversify their investment portfolios away from the traditional asset classes such as equities, property and bonds without the need to be an expert in the coin-collecting sector.

The Company's investment policy is to invest in rare, high quality antique coins and coin collections from across the world. It continues to build up an impressive portfolio of extremely high quality, rare coins which it intends to hold both for the long-term (i.e. 3 to 5 years), in order to achieve long-term capital growth for our shareholders, and also the short-term, in order to take advantage of short-term trading opportunities, as the market for rare coins continues to grow.

A principal objective of the Company is to achieve long-term capital growth through the appreciation in the value of the coins acquired. Since its formation in 2006, the Company has achieved a compound annual return of 9.5 per cent. The Company has no borrowings.