Resignation of Director

Rare Earth Minerals plc

("REM" or the "Company")

 Resignation of Director

Rare Earth Minerals (AIM: REM) announcesthe resignation of Mr. Charles Wood, Non-executive Director, from the Board with effect from 7 September 2012.

The Board would like to thank Mr Wood for his contribution since he has been on the board.

For further information please contact:

Rare Earth Minerals Plc

David Lenigas +44 (0) 207 440 0640

W.H. Ireland Ltd.

James Joyce +44 (0) 207 220 1666

Nick Field