ISSUE OF SHARES

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

Issue of Shares

To view the ASX Appendix 3B related to the announcement of 23 December 2010, please click on the following web link:

http://www.rns-pdf.londonstockexchange.com/rns/9281Y_-2011-1-5.pdf

For further information please contact:

Terry Tucker

Nyota Minerals Limited

+44 (0) 20 7379 5012

[email protected]

NOMAD

Richard Brown

Ambrian Partners Limited

+44 (0)20 7634 4709

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 Nyota's website, nyotaminerals.com