Implementation of Investing Policy

19 December 2012

Paternoster Resources plc

("Paternoster" or the "Company")

Implementation of Investing Policy

Further to the announcement of 17 February 2012, Paternoster is pleased to announce that it has now successfully implemented its Investing Policy in accordance with AIM Rule 15.

For more information please contact:

Paternoster Resources plc:

Nicholas Lee, Chairman +44 20 7580 7576

Nominated Advisor and Joint Broker:

Westhouse Securities

Antonio Bossi / Paul Gillam +44 20 7601 6100

Joint Broker:

Peterhouse Capital Corporate Finance

Jon Levinson +44 20 7562 3351