Result of AGM, Directorate Changes & Broker Change

29 January 2016

Weatherly International plc("Weatherly International" or the "Company")

Result of Annual General Meeting, Directorate ChangesandChange of Broker

Result of Annual General Meeting

Weatherly International plc (AIM:WTI) announces that all of the resolutions put forward at its Annual General Meeting ("AGM") held at 11:00am today, as set out in the Notice of its AGM dated 6 January 2016, were duly approved by shareholders.

As set out below, Resolution 4 to reappoint Mr Jenner was withdrawn and not put to shareholders at the AGM.

Board Changes

As previously announced on 21 January 2016, Ray Jenner, a non-executive director of Weatherly provided notification that he would not be seeking re-election to the board due to his retirement from Orion Resource Partners (USA) LP ("Orion Resource Partners"), the manager of Orion Mine Finance (Master) Fund 1 LP ("Orion Mine Finance"). Consequently, Resolution 4 to reappoint Mr Jenner was withdrawn and Mr Jenner retired from the board of Weatherly at the close of today's AGM.

Weatherly would like to thank Ray for all the effort and support he has given to the Company during his time with us and wish him well for his retirement.

In accordance with the terms of its arrangements with, and continued support from, Orion Mine Finance Weatherly is pleased to announce the appointment of Edwin Bennett as a non-executive director to the board of Weatherly following the close of today's AGM.

Mr Bennett has been an Investment Associate with Orion Resource Partners. Prior to joining Orion Resource Partners in 2014, Mr. Bennett worked as an Investment Analyst at Composite Capital, a boutique asset management and financial advisory firm with a focus on natural resource investments in Emerging Markets, where he focused on the valuation of iron, coal, base metal, fertilizer, industrial mineral, and cement projects in Mongolia. Mr. Bennett earned his B.A. in Economics from Princeton University.

Orion Mine Finance currently holds 260,778,350 ordinary shares in Weatherly, representing approximately 24.6 per cent. of the Company's issued share capital. In addition, Orion Mine Finance provides the Tschudi debt financing.

Additional information on Edwin Webster Bennett (age 27)

The information detailed above is disclosed in accordance with Rule 17 and Schedule Two (g) of the AIM Rules for Companies. Except for the information disclosed in this announcement, there is no other information which falls to be disclosed under these rules.

Change of Broker

Weatherly also advises that, as part of its ongoing costs management, finnCap will no longer be acting as joint broker to the Company from 31 January 2016. RFC Ambrian will remain Nominated Adviser and Sole Broker.

For further information please contact:

Weatherly International plc +44 (0) 20 7936 9910

Craig Thomas, Chief Executive Officer

Kevin Ellis, CFO and Company Secretary

RFC Ambrian Limited +44 (0) 20 3440 6800

(Nominated Adviser & Broker)

Samantha Harrison / Kim Eckhof

Blytheweigh +44 (0) 20 7138 3204

(Financial PR) Tim Blythe / Camilla Horsfall / Megan Ray

About Weatherly

Weatherly is an AIM listed copper mining company operating in Namibia in southern Africa. Its principal assets are one operating open pit copper mine called Tschudi and two underground copper projects called Otjihase and Matchless.

These assets will enable Weatherly to achieve its medium term goal of establishing a mining business capable of sustaining approximately 25,000 tonnes per annum of copper production.

The Company also has a 25% stake in the AIM listed company, China Africa Resources plc (AIM: CAF), which is developing a lead/zinc mine called Berg Aukas, also in Namibia.