Results of Extraordinary General Meeting

2 July 2013

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

Proposed Share Premium Cancellation and Results of Extraordinary General Meeting

Central Asia Metals PLC (AIM:CAML) announces, further to its announcement on 13 June 2013, that the resolution proposed at the Extraordinary General Meeting held earlier today to approve the Share Premium Cancellation was duly passed.

It is expected that the appropriate Court approval of the Share Premium Cancellation will be confirmed on or around 31 July 2013.

The effect of the Share Premium Cancellation will be, subject to the protection of creditors, to increase the amount of the Company's distributable reserves and permit the Company to continue to pay dividends and to repurchase its Ordinary Shares as and when the Directors decide this is appropriate.

For further information please contact:

Central Asia Metals PLC Nick Clarke +44 (0) 20 7898 9001

Nigel Robinson

Canaccord Genuity Limited Andrew Chubb +44 (0)20 7253 8000 Chris Fincken

Mirabaud Securities LLP Peter Krens +44 (0)20 7878 3362

Pelham Bell Pottinger Charles Vivian +44 (0)20 7861 3232Lorna Spears