Net Asset Value(s)

24 July 2014

Praetorian Resources Limited

("Praetorian Resources" or the "Company")

Net Asset Value

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

NAV per share GBP 0.2007

Total NAV GBP 8,756,381

Ordinary Shares in Issue at 30 June 2014 43,635,936

Application for the admission to trading on AIM of 2,000,000 new Ordinary Shares took place on 4 July 2014. The Company's issued share capital is therefore currently 45,635,936 Ordinary Shares with each Ordinary Share carrying the right to one vote.

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

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