21 July 2015

                                   Mwana Africa PLC                                
                              ("Mwana" or the "Company")                           
                                                                                   
               Bindura Nickel Corporation - Release of Financial Results           
                           for the Year Ended 31 March 2015                        

    Mwana wishes to announce that Bindura Nickel Corporation ("BNC�&#
    65533;), a 74.73% owned subsidiary of Mwana Africa Plc, has today released for
    publication its Abridged Audited Group Financial Results for the year ended 31
    March 2015.

    A copy of BNC's Results can be found at http://www.mwanaafrica.com/

    Mwana will be releasing its consolidated Audited Group Financial Results for
    the year ended
    31 March, on 29th July 2015.

    For further information contact:

    Mwana Africa PLC
    Yim Kwan, Finance Director 
    Amilha Young, Group General Counsel and Company Secretary Tel: + 44 (0) 203 696
    5470

    Nominated adviser and broker
    Peel Hunt LLP
    Matthew Armitt / Ross Allister Tel: +44 (0) 20 7418 8900

    Public and investor relations
    Russell and Associates
    Jim Jones / Leigh King Tel: +27 (0) 11 880 3924

    About Mwana Africa PLC

    Mwana Africa PLC is a pan-African, multi-commodity mining and development
    company. Mwana's principal operations and exploration activities cover gold,
    nickel, copper and diamonds in Zimbabwe, the Democratic Republic of Congo (DRC)
    and South Africa.