Savannah Resources : Notification of Major Interest in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Savannah Resources Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

David Stuart Archer

4. Full name of shareholder(s)

(if different from 3.):iv

5. Date of the transaction and date on which the threshold is crossed or reached: v

17/10/2016

6. Date on which issuer notified:

24/11/2016

Please note that Savannah Resources Plc issued an

RNS on 12/10/2016 in respect of this

7. Threshold(s) that is/are crossed or reached: vi,vii

8. Notified details:

A: Voting rights attached to shares viii,ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B647W791

22,222,224

22,222,224

25,931,251

25,931,251

5.77%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

Expiration

Exercise/

Number of voting

% of voting

instrument

date xiii

Conversion Period xiv

rights that may be

rights

acquired if the

instrument is

exercised/ converted.

Warrant over Ordinary Share with a 3p exercise price

19/07/2018

At any point prior to the Expiration date

11,111,112

2.41%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix,xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

37,042,363

8.18%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

David Archer

15. Contact telephone number:

+44 207 117 2489

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

David Stuart Archer

Contact address

(registered office for legal entities)

3 Earls Court Square London SW5 9BY

Phone number & email

+44 207 117 2489

david.archer@savannahresources.com

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)