Management Update

15 December, 2014

EMED, is today announcing that Mr. John Leach, the Company's Chief Financial Officer, is taking a leave of absence for health reasons. It is expected that Mr Leach will return to his role once his treatment is completed, which is expected to be by the end of January 2015.

In Mr Leach’s absence EMED’s finance function will be overseen by Mr Alberto Lavandeira Adan, the Company’s Chief Operating Officer, supported by David Carrasco, CFO of EMED Tartessus, and George Hadjineophytou, Group Financial Controller – all of whom have been working closely with Mr Leach and all key parties as part of the ongoing discussions to finalise the required financing package.

Ronnie Beevor, Chairman of EMED commented: “On behalf of the Board, I would like to take this opportunity to wish John a speedy recovery and look forward to his return.”

Enquiries

EMED Mining                Ronnie Beevor/ Alberto Lavandeira Adan        +34 959 59 28 50
Canaccord Genuity      Neil Elliot/Mark Palmer                                         +44 207 523 8000
Fox-Davies Capital      Oliver Stansfield                                                     +44 203 463 5061
Walbrook PR                 Nick Rome                                                              +44 207 933 8783

For further information on the Company's activities, visit www.emed-mining.com.