Requisition of General Meeting Update

21 April 2015

Mwana Africa PLC

("Mwana" or the "Company")

Update on Requisition of General Meeting

Further to the Company's announcements on 2 March and 1 April 2015, Mwana announces that it has today received further notices from Ian Dearing and other shareholders requisitioning a general meeting of the Company's shareholders (the "Requisition") pursuant to section 303 of the Companies Act 2006 (the "Act"). The Requisition proposes the same resolutions included in previous notices received by the Company and as referred to in the Company's earlier announcements on this matter.

The Company is currently investigating the validity of this Requisition and to the extent that it is valid and not withdrawn, currently intends, in accordance with section 304 of the Act, to call such a meeting within 21 days of receipt and to provide for the general meeting to be held on a date not more than 28 days after the date of the notice of meeting.

Shareholders are advised to take no action at this time. Further announcements will be made in due course.

For further information contact:

Mwana Africa PLC

Kalaa Mpinga, CEO

Caroline Mathonsi, Investor Relations

Tel: + 44 (0) 203 696 5470

Nominated adviser and broker

Peel Hunt LLP

Matthew Armitt / Ross Allister Tel: +44 (0) 20 7418 8900

Tavistock CommunicationsEd Portman / Jos Simson / Mike BartlettTel: +44 (0) 20 7920 3150

Public and investor relations

Russell and Associates

Jim Jones / Leigh King Tel: +27 (0) 11 880 3924

About Mwana Africa PLC

Mwana Africa PLC is a pan-African, multi-commodity mining and development company. Mwana's principal operations and exploration activities cover gold, nickel, copper and diamonds in Zimbabwe, the Democratic Republic of Congo (DRC) and South Africa.