KEFI Minerals Announcement: Tulu Kapi Gold Project

12 March 2014

Nyota Minerals Limited

('Nyota' or 'the Company')

KEFI MINERALS PLC ANNOUNCEMENT: TULU KAPI GOLD PROJECT

Nyota Minerals Limited (ASX/AIM: NYO), the gold exploration company in East Africa, notes the announcement made by KEFI Minerals Plc ('KEFI'), the manager and 75% beneficial owner of the Tulu Kapi Gold Project in Ethiopia ('Tulu Kapi') and the proximal exploration licences. Nyota currently has exposure to 34% of any upside realised from Tulu Kapi, through its shareholding in both the project and its interest in KEFI Minerals plc.

Nyota has not had the opportunity to review KEFI's findings but will do so as soon as practical. As the findings are considered to be a material change, further announcements to the market can be expected to follow in order to satisfy Nyota's ASX/JORC 2012 reporting requirements.

Shareholders are directed to the KEFI website for the full announcement: www.kefi-minerals.com.

**ENDS**

For further information please visit www.nyotaminerals.com or contact: