Interim Management Statement

FOR IMMEDIATE RELEASE 18 November 2013 BISICHI MINING PLC INTERIM MANAGEMENT STATEMENT Bisichi Mining Plc ("Bisichi"), the UK mining company with direct coal miningoperations in South Africa, provides the following interim update on itsoperations: The physical demand for the coal we are currently mining at Black Wattle, ourSouth African coal mining subsidiary, has remained strong during 2013 in boththe domestic and export markets. The South African coal market in particularhas continued to benefit from stable market conditions and the improvedperformance of Transnet, the South African railway network. In the year to September, the mine has achieved a strong average monthlyproduction of 145,000 tonnes. Looking forward to the remainder of 2013, therewill be a short term impact on production following an incident at one of BlackWattle's main production pits, where we have mined into old undergroundworkings which were never recorded on any historical mine plan. The machineryworking in that area is in the process of being relocated to another area butit will take some to get back to full production in the new area andconsequently there will be an impact on our 2013 earnings. This is an isolatedissue and will not affect our production and profitability in 2014. Finally, Bisichi's UK property portfolio continues to perform well despite theongoing difficulties in the UK retail property sector. Ends. For further information, please call: Bisichi Mining PLC 020 7415 5030Andrew Heller.