Interim Results

31 March 2016

Emerging Market Minerals Plc

("Emerging Market Minerals" or "the Company")

Interim Results for the six months ended 31 December 2015

Emerging Market Minerals (AIM: EMM), the AIM quoted uranium, thorium, base and precious metals and gemstones exploration and development company operating in Madagascar, announces its interim results for the six months ended 31 December 2015.

Highlights:

· Continued identification and assessment of attractive project opportunities for potential acquisition in order to expand the Group's asset portfolio.

· Loss before and after taxation for the period of £100,000 (31 December 2014: £100,000).

· Mr Martin Nicholls appointed as Executive Chairman in December 2015 with Dr Bernard Olivier assuming the role of Non-Executive Director.

· Unsecured £100,000 working capital loan facility provided by a company wholly beneficially owned by Mr Nicholls post the reporting period end.

For further information, please contact:

or visit: www.emergingmarketminerals.com

Chairman's Statement

I am pleased to present the Group's interim results for the six months ended 31 December 2015.

The Group incurred a loss before and after taxation for the six month period ended 31 December 2015 of £100,000 (2014: £100,000). This loss reflects the limited essential expenditure required to maintain the good standing of our Marodambo Project in Madagascar, corporate running costs and expenditure associated with conducting the requisite due diligence on potential new attractive project opportunities.

During the reporting period, the Board has continued to identify and assess further potential opportunities to expand the Group's asset portfolio in line with the Company's stated strategy. Market conditions have once again proven to be extremely challenging for companies operating in the mining and natural resources sectors, such that the Board has yet to secure a suitably compelling proposition, at a sensible valuation, to present to shareholders and potential investors to raise the requisite funding to pursue such an opportunity.

The Group's early stage Marodambo Project, focused on exploration for uranium and thorium, remains on a care and maintenance footing, pending receipt of the requisite environmental clearances and approvals from the relevant Madagascan government authorities in respect of the potential Phase 2 exploration work programme for the project.

On 30 March 2016, the Company entered into a working capital loan facility (the "Facility") with Matryoshka Ltd ("Matryoshka"), a company wholly beneficially owned by myself, for an amount of £100,000, which has been drawn down in full. The Facility is unsecured and has a fixed term of eighteen months, at which point it will be repayable in full, together with interest, accruing daily at the rate of five percent per annum.

The Group anticipates raising additional equity and/or debt finance in the near term in order to ensure that it maintains an appropriate capital structure and is able to fund its ongoing working capital requirements and potential future development opportunities. The Board currently remains confident that it will be able to secure additional working capital in the short term, as required.

I was delighted to be appointed as Executive Chairman on 16 December 2015 with my predecessor, Dr Bernard Olivier, reverting to his previous role of Non-Executive Director.

I would like to take this opportunity to thank all of our shareholders, advisers and other stakeholders for their continued support and patience as we endeavour to progress our objective of securing an additional project(s) capable of generating long-term shareholder value.

Mr Martin Nicholls

Executive Chairman

31 March 2016

Consolidated Statement of Comprehensive Income

For the half year ended 31 December 2015

Since there is no other comprehensive income, the loss for the period is the same as the total comprehensive income for the period and there are no items that may be subsequently reclassified.

Consolidated Statement of Financial Position

As at 31 December 2015

Consolidated Statement of Cashflows

For the half year ended 31 December 2015

Consolidated Statement of Changes in Equity

For the half year ended 31 December 2015

Notes to the Interim Financial Information

For the half year ending 31 December 2015

1. GENERAL INFORMATION

Emerging Market Minerals Plc is a mineral exploration and development company. The Company is a public limited company incorporated in England and Wales. The company number is 05980987 and it is quoted on AIM, a market operated by the London Stock Exchange Plc.

The condensed consolidated interim financial statements of the Group for the six months ended 31 December 2015 comprise the result of the Company and its subsidiaries (together referred to as the "Group").

The consolidated interim financial information for the period 1 July 2015 to 31 December 2015 is unaudited. In the opinion of the Directors, the condensed interim financial information for the period presents fairly the financial position, and results from operations and cash flows for the period, in conformity with the generally accepted accounting principles consistently applied. The condensed interim financial information incorporates unaudited comparative figures for the interim period 1 July 2014 to 31 December 2014 and extracts from the audited financial statements for the year to 30 June 2015.

The financial information contained in this interim report does not constitute statutory accounts as defined by section 435 of the Companies Act 2006. The financial information has been prepared on a going concern basis in accordance with the recognition and measurement criteria of International Financial Reporting Standards as adopted by the European Union.

The comparatives for the full year ended 30 June 2015 are not the Company's full statutory accounts for that year. A copy of the statutory accounts for that year has been delivered to the Registrar of Companies. The auditor's report on those financial statements was unqualified but did include a reference to the uncertainties surrounding going concern, to which the auditors drew attention by way of emphasis and did not contain a statement under s498 (2) - (3) of Companies Act 2006.

2. TAXATION

The Group has recognised a £Nil tax credit (31 December 2014: £Nil and 30 June 2015: £Nil) in respect of the concession for research and development available to the Group. No current taxation has been provided due to losses incurred in the period.

3. EARNINGS PER SHARE

The basic loss per share is derived by dividing the loss for the period attributable to ordinary shareholders by the weighted average number of shares in issue.

As the inclusion of the potential ordinary shares would result in a decrease in the loss per share they are considered to be anti-dilutive and, as such, the diluted loss per share calculation is the same as the basic loss per share.

4. POST BALANCE SHEET EVENTS

On 30 March 2016, the Company announced that it had entered into a working capital loan facility (the "Facility") with Matryoshka Ltd ("Matryoshka"), a company wholly beneficially owned by the Executive Chairman, Martin Nicholls, for an amount of £100,000, which has been drawn down in full. The Facility is unsecured and has a fixed term of eighteen months, at which point it will be repayable in full, together with interest, accruing daily at the rate of five per cent. per annum.

5. AVAILABILITY OF INTERIM FINANCIAL STATEMENTS

A copy of these unaudited interim results will be made available from the Company's registered office at 30 Portland Place, London W1B 1LZ during normal business hours on any weekday. The interim results will also be made available on the Company's website at www.emergingmarketminerals.com.