Project Update - Crater Mountain

27 February 2012

Triple Plate Junction plc

("TPJ" or the "Company")

Project Update - Crater Mountain

Following the Company's decision announced on 26 January 2012 not to participate in the future funding of its pro rata share of the Crater Mountain Project ("the Project") and the subsequent eventual dilution to an 8% interest, the Board has concluded that it is no longer appropriate to replicate every announcement made by Gold Anomaly Limited in the relation to the Project.

TPJ will continue to put out announcements as required under its reporting obligations and it also anticipates providing general updates on the Project within its Interim and Preliminary Results announcements.

Triple Plate Junction plc +44 (0)7775 693 237

Fraser McGee

finnCap Ltd +44 (0)20 7220 0500

Matthew Robinson/Christopher Raggett

Ocean Equities Limited +44 (0)20 7786 4370

Guy Wilkes

FTI Consulting +44 (0)20 7831 3113

Ben Brewerton/Oliver Winters