ISSUE OF METALS EXPLORATION SHARE CERTIFICATES

Not for release, publication or distribution, in whole or in part, DIRECTLY OR INDIRECTLY, in OR into or from any jurisdiction where

TO DO so would constitute a violation of the relevant

LAWS OR regulations of such jurisdiction

SOLOMON CAPITAL LIMITED

ISSUE OF SHARE CERTIFICATES IN METALS EXPLORATION PLC FOLLOWING EXERCISE OF THE RIGHT TO RESCIND

Solomon announced on 20 April 2011 that its cash offer to acquire the entire issued and to be issued share capital of Metals Exploration not already owned by it, had closed and that share certificates in respect of validly completed Forms of Rescission were expected to be posted by 3 May 2011.

The issue of new share certificates by Metals Exploration is subject to the share transfers from Solomon to those shareholders validly exercising the Right to Rescind being duly stamped (where stamp duty is payable) by HM Revenue & Customs. Those share transfers are still with HMRC. Solomon is informed by Capita Registrars that share certificates will be issued three working days after receipt by Capita Registrars of the duly stamped share transfers from HMRC.

Unless the context otherwise requires, defined terms used in this announcement shall have the meanings given to them in the circular dated 8 March 2011.

Enquiries:

Solomon Capital Limited

Richard Williams Tel: +44 (0)1481 722 111

This announcement is for information purposes only and is not intended to, and does not, constitute, or form any part of, an offer to sell or an invitation to subscribe for or purchase Metals Exploration Shares or any other securities, nor shall there be any sale, issue or transfer of the securities referred to in this announcement in any jurisdiction in contravention of applicable law.

END