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Issue of Share Options

11th Jun 2009 16:56

KEFI MINERALS PLC ("KEFI" or the "Company") Issue of Share Options

The Board of KEFI Minerals plc today announces that at its board meeting today and in accordance with the Company share option scheme, it has allocated 9,000,000 share options over ordinary shares in the Company (the "Share Options"). The Share Options each convert into one ordinary share of 1p each in the Company at a price of 2.4p each (being the Company's closing mid-market share price today).

The Share Options can be exercised any time, for a period of 5 years, from the date of grant.

6,500,000 Share Options of the total number of Share Options have been issuedto directors as set out below, with the remainder being issued to other membersof the management team.Name Number of Number of Number of Total Interest in Share other share issued the share capital Options options Ordinary of the Company issued on already Shares assuming all the 12/06/09: held: already directors' held: interests in options are converted: H. Anagnostaras-Adams 2,000,000 4,000,000 1,966,667 3.8% (Chairman) J. Rayner (Managing 3,000,000 2,000,000 250,000 2.5% Director) I. Plimer (Deputy 2,000,000 5,000,000 1,533,000 4.1% Chairman) J. Leach (Finance 1,000,000 1,000,000 1,000,000 1.4% Director)

For more information please contact:

KEFI Minerals www.kefi-minerals.com

Jeffrey Rayner +90 533 928 19 13WH Ireland LimitedKaty Mitchell +44 161 832 2174Bishopsgate CommunicationsNick Rome +44 20 7562 3350Michael Kinirons

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