Notice of AGM

28 September 2011

Polo Resources Limited("Polo" or "the Company")

notice of annual general meeting

Polo Resources (AIM and TSX: POL), announces that the Annual Report and Financial Statements for the year ended 30 June 2011, together with the Notice of Annual General Meeting ("AGM") have been posted to shareholders and are available on the Company's website www.poloresources.com.

The AGM is to be held at 27 Reid Street, 1st Floor, Hamilton HM11, Bermuda on 21 October 2011 at 2.00 p.m. BST.

For further information, please contact:

Contacts:

Polo Resources Limited

Ian Burns, Finance Director

+ 27 82 404 36 37

Evolution Securities

Matthew Tyler, Romil Patel, Jeremy Ellis

+44 (0) 20 7071 4300

Liberum Capital

Chris Bowman, Tim Graham

+44 (0) 20 3100 2228

Toronto

James McVicar

Heenan Blaikie LLP

+1 416 643 6903

Blythe Weigh Communications

Tim Blythe

Ana Ribeiro

Matthew Neal

+44 (0) 20 7 138 3204

About the Company

Polo Resources is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For complete details on Polo Resources: www.poloresources.com.

CAUTIONARY STATEMENT

The AIM Market of London Stock Exchange plc does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. All statements, other than statements of historical fact, in this news release are forward-looking statements that involve various risks and uncertainties, including, without limitation, statements regarding potential values, the future plans and objectives of Polo Resources Limited. There can be no assurance that such statements will prove to be accurate, achievable or recognizable in the near term.

Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Polo Resources Limited assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change.