ISSUE OF OPTIONS/APPENDIX 3B

Nyota Minerals Limited ('Nyota' or the 'Company')

Issue of Options/Appendix 3B

Further to the announcement on 1 February 2011 whereby Nyota confirmed the appointment of Rockbury Capital to provide advice and services in connection with the development of the Tulu Kapi project, Nyota advises that it has granted Rockbury Capital 4,000,000 share options, representing 0.88% of the Company's current issued share capital, exercisable at GBP0.23 (being a price higher than the average mid-market closing price on 31 January 2011 )at any time on or before 31 January 2016 as part of its remuneration arrangements.

An ASX Appendix 3B in relation to this issue can be viewed at the Company web site.

For further information please contact:

Terry Tucker

Nyota Minerals Limited

+44 (0) 20 7379 5012

[email protected]

NOMAD

Samantha Harrison /Jen Boorer

Ambrian Partners Limited

+44 (0)20 7634 4712

BROKER

Guy Wilkes / Will Slack

Ocean Equities Limited

(+44) (0) 20 7786 4370

BROKER

Rory Scott

Mirabaud Securities LLP

(+44) (0)20 7878 3360

Or visit: http://www.nyotaminerals.com