Mwana Africa : Yat Hoi Ning appointed as Interim Chairman

Mwana is pleased to announce the appointment of Mr Yat Hoi Ning as Chairman of the Company with immediate effect. Mr Yat Hoi Ning, who has been a Non-Executive Director of Mwana, will fulfil this role until a new Chairman has been appointed.

Mr Yat Hoi Ning joined the Board in June 2012 and he has more than 20 years' experience in the trading, investing and managing of non-ferrous and precious metals businesses. He is the founder of a number of mining companies including Congo International Mining Corporation SPRL, African PGM Processing SPRL and Fareast Nickel Mining Corporation. He is the chairman of Hoi Mor Industrial (Group) Limited, China International Mining Group Corporation, Hong Kong Mining Exchange Company Limited and previously Chairman of MBMI Resources Inc. Mr Ning also sat as the vice chairman of China Non-ferrous Metals Council.

Kalaa Mpinga, CEO of Mwana, commented:
"During his time as a Director of Mwana, Mr Yat-Hoi Ning has been instrumental in Mwana's operational progress through his wealth of knowledge, experience and advice. These qualities, along with his deep understanding of the Company and the jurisdictions in which we operate will greatly assist Mwana in delivering maximum value from these assets during a particularly challenging time for the Company."

Mwana Africa PLC
Kalaa Mpinga, CEO
Caroline Mathonsi, Investor Relations
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 (South Africa)
Jim Jones / Leigh King
Tel: +27 (0) 11 880 3924
Tavistock (UK)
Ed Portman / Jos Simson / Mike Bartlett
Tel: +44 (0) 207 920 3150

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.

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