Letter to Shareholders

Stratex International Plc / Index: AIM / Epic: STI / Sector: Mining

14 April 2011

Stratex International plc (the 'Company')

Letter to Shareholders

The Company sent to shareholders on its register on 8 April 2011 copies of the Company's 2010 Annual Report together with a Form of Proxy listing the Ordinary and Special Resolutions that are to be the subject of voting at the Annual General Meeting commencing 3.00 pm on Thursday 5 May. An error has been noted on the Form of Proxy in respect of Resolution number 5 (a Special Resolution). The correct wording for this resolution on the Form of Proxy should have been "5. To authorise the Directors to allot securities for cash pursuant to the authority conferred by resolution 4 as if section 561(1) of the Companies Act 2006 did not apply, as specified in the Notice of the Annual General Meeting".

An amended version of the Form of Proxy is being sent to all shareholders and is now available on the Company's web site www.stratexinternational.com .

In addition, please note that there is a typographical error in Note 1 to the Notice of Annual General Meeting. To be entitled to attend and vote at the Annual General Meeting (and for the purpose of determining the number of votes a member may cast), members must be entered on the Register of Members of the Company by 3.00 pm on 3 May 2011 and not 5 May 2011 as stated on the original Notice of Meeting.

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For further information please visit www.stratexinternational.com, email [email protected], or contact: