Notice of AGM

29 June 2012

Bellzone Mining plc

("Bellzone" or the "Company")

Notice of Annual General Meeting

Bellzone (AIM: BZM) announces that it is today posting to shareholders a circular giving notice of its Annual General Meeting (the "Circular") and its Annual Report and Accounts for 2011 (the "Report & Accounts").

The resolutions detailed in the Circular will be proposed at the Annual General Meeting of the Company to be held at 11am London time (6pm Australian Western Standard Time) on 27 July 2012 at Tavistock Communications, 8th Floor, 131 Finsbury Pavement, London, EC2A 1NT (the "Venue").

Satellite Meeting and Conference Call Facility

To facilitate the participation of shareholders based in Australia at the Annual General Meeting, the directors of the Company have resolved that a satellite meeting will be held at Level 2, 88 Colin Street, West Perth, WA 6005, Western Australia. The satellite meeting will be linked to the Venue through a video conferencing facility. All shareholders who plan to attend the satellite meeting are asked to notify the Company's Perth office on +61 9420 8900 by 5pm on 24 July 2012 for facility planning purposes and to arrive for the meeting no later than 5.30pm on 27 July 2012.

In addition, the directors of the Company have resolved that a telephone conferencing facility will be made available to allow shareholders to hear the proceedings of the Annual General Meeting and to speak at the meeting. All shareholders who wish to use this facility are asked to contact the Company's Perth office on +61 9420 8900 by 25 July 2012 for further details.

Shareholders attending the Annual General Meeting via the telephone conferencing facility should note that they will not be regarded as present at the Annual General Meeting and will not be entitled to vote at the meeting using the telephone conferencing facility.

Copies of the Circular and of the Report & Accounts are available from the Company's website www.bellzone.com.au. In accordance with the Circular, Mr Baldwin's appointment as director, as announced by RNS of 11 June, is subject to approval of shareholders at the Annual General Meeting.

Bellzone Mining plc

Terry Larkan +61 (0) 8 9420 8900

Canaccord Genuity Limited

Nominated Adviser and Joint Broker to Bellzone +44 (0)20 7523 8000

Andrew Chubb/Tarica Mpinga

Renaissance Capital Limited

Joint Broker to Bellzone +44 (0)20 7367 7777

Rob Edwards

Tavistock (UK)

Jos Simson/Paul Youens +44 (0)20 7920 3150 / +44 (0)7899 870 450

PPR (Australia)

David Ikin

+61 (0) 8 9388 0944 / +61 (0) 408 438 772

About Bellzone Mining Plc

Bellzone Mining plc is a publicly listed company on the London Stock Exchange and was admitted to the Alternative Investment Market (AIM: BZM) on 1st April 2010. Bellzone Mining plc ("Bellzone" or "the Company") is an exploration and resource development company with iron ore and nickel / copper permits in the Republic of Guinea, West Africa.

Kalia Mine

The Company's flagship project, the Kalia Mine Project, is planned to commence production in 2015 and be producing iron ore and iron ore concentrate at a rate of 50 million tonnes per annum. The Kalia Mine Project has 1.5 billion tonnes of contained iron in JORC resources in 6.16 billion tonnes of magnetite, 315.3 million tonnes of oxide and 98.6 million tonnes of supergene BIF. The oxide and Supergene BIF resources have been established from a portion 15.5% of the 55km2 of the mapped surface oxides on the Kalia permit while the magnetite has been established over 7km of the 19km Kalia I strike. Drilling results and internal estimates indicate that the Kalia Mine Project has the potential to host more than 10 billion tonnes of magnetite while ongoing development is targeting 1.5 billion tonnes of oxide.

Forécariah JV

Bellzone and CIF have fully funded a joint venture to undertake the accelerated exploration and development programme at CIF's Forécariah iron permits that lie between 30 and 80 kilometres from the Guinea coast. The Forécariah permits are held in a CIF subsidiary, Guinea Development Corporation ("GDC") and will be transferred to the JV operations company, Forécariah Guinea Mining SA as per the terms of the definitive and JV shareholder agreements. Commercial production commenced in May 2012 and production will be ramped up through 2012 to a rate of 3‐4 mtpa.

Other activities

Bellzone has completed a mapping and surface sampling programme identifying highly prospective targets at its Sadeka Nickel/Copper Project. A VTEM aerial survey has been completed and prospective targets have been identified and a drilling programme has commenced.