Notification of a Change in Shareholding

7 November, 2014

The Company has been notified that Trafigura Beheer B.V. ("Trafigura") has, through its wholly owned indirect subsidiary Urion Holdings (Malta) Limited ("Urion"), acquired 19,565,000 ordinary shares ("Ordinary Shares") of EMED on 3 November 2014. Trafigura now exercises control or direction over an aggregate of 278,594,997 Ordinary Shares, representing approximately 19.35% of the outstanding Ordinary Shares.

Enquiries

EMED Mining                Isaac Querub/Alberto Lavandeira/John Leach      +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.