Net Asset Value

9 December 2014

Praetorian Resources Limited

("Praetorian Resources" or the "Company")

Net Asset Value

Praetorian Resources announces that its un-audited NAV for 30 November 2014 was:

NAV per share GBP 0.1010

Total NAV GBP 4,610,162

Ordinary Shares in Issue at 30 November 2014 45,635,936

This and all future valuations will be calculated under IFRS and as such Praetorian uses the bid prices to value its underlying investments.

Praetorian will revert to releasing quarterly NAV announcements from 31 December 2014.

Contacts:

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