Zimbabwe Gold Royalty Reduction Welcomed

15 September 2014 Mwana Africa PLC ("Mwana" or the "Company") ZIMBABWE GOLD ROYALTY REDUCTION WELCOMED Mwana Africa PLC has warmly welcomed the decision by the Government of Zimbabwein its 2014 Mid-Year Fiscal Policy Review Statement to reduce the royalty onZimbabwean gold producers from 7% to 5% effective 1 October 2014. Mwana has an 85% interest in and operates the Freda Rebecca gold mine atBindura in Zimbabwe's Mashonaland Central province. Mwana Chief Executive Officer Kalaa Mpinga said: "We have actively engaged withGovernment on this issue and it is very pleasing that - in a spirit ofunderstanding and co-operation - it has recognised the challenges inherent inthe gold mining industry at present. "The reduction in the gold royalty rate will provide a welcome financial boostto Freda Rebecca and Mwana." For further information: Mwana Africa PLC Tel: +44 (0) 20 7654 5580Kalaa Mpinga, CEOCaroline Mathonsi, Investor Relations Nominated Adviser and Broker Tel: +44 (0) 20 7418 8900Peel Hunt LLPMatthew Armitt / Ross Allister Public & Investor Relations Tel: +27 11 880 3924Russell and AssociatesJames Duncan