Issue of Equity

OROGEN GOLD PLC (the "Company")

Issue of Equity following Exercise of Warrants

Orogen Gold plc (AIM: ORE) announces that, following the exercise of warrants by Xcap Securities plc, the Company has allotted 5,000,000 new ordinary shares of 0.1p each (the "New Ordinary Shares"). It is expected that admission of the New Ordinary Shares to AIM will become effective at 8.00 am on 16 March 2011.

Total Voting Rights

Following admission of the New Ordinary Shares, the Company will have a single class of shares being ordinary shares of 0.1 pence each ("Ordinary Shares") and there will be 1,674,012,453 Ordinary Shares in issue, each carrying one vote per Ordinary Share. The Company does not hold any Ordinary Shares in treasury. The total number of voting rights in the Company's Ordinary Shares will be 1,674,012,453 and this number may be used by shareholders as the denominator in calculations to determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Services Authority's Disclosure and Transparency Rules.

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