Asia Resource Minerals : Termination of NR Holdings Subscription Agreement

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, NEW ZEALAND, SOUTH AFRICA, THE ISLE OF MAN, ISRAEL, JAPAN, MALTA, THE MARSHALL ISLANDS OR MAURITIUS OR THEIR RESPECTIVE TERRITORIES AND ANY OTHER JURISDICTION WHERE TO DO SO MIGHT BE UNLAWFUL.

THIS ANNOUNCEMENT HAS BEEN ISSUED BY AND IS THE SOLE RESPONSIBILITY OF ASIA RESOURCE MINERALS PLC.IT IS AN ADVERTISEMENT AND DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT. NOTHING IN THIS ANNOUNCEMENT SHALL CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, AN OFFER TO SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY OR SUBSCRIBE FOR ANY SECURITIES REFERRED TO HEREIN NOR SHOULD IT FORM THE BASIS OF, OR BE RELIED ON IN CONNECTION WITH, ANY CONTRACT OR COMMITMENT WHATSOVER. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT.

9 June 2015

For Immediate Release

Asia Resource Minerals plc ("ARMS" or the "Company")

Termination of NR Holdings Subscription Agreement ("The Agreement")

The Company announced on 8 June 2015 that ACE has obtained an irrevocable undertaking from NRH and Nathaniel Rothschild to accept the ACE Cash Offer in respect of ARMS Shares owned by them (representing approximately 17.2% of ARMS Shares) and not to oppose (and, if eligible to do so, vote in favour of) a resolution to be put to independent shareholders of ARMS under rule 16 of the Takeover Code at a general meeting of ARMS shareholders convened for the purposes of the ACE Cash Offer. The Company notes that, as part of this irrevocable undertaking, NRH has undertaken not to progress, encourage or assist the NRH Recapitalisation and, consequently, this transaction does not presently appear to represent a deliverable plan for the Company.

Today, ARMS received notice from NRH of its termination, with immediate effect, of the Agreement, in view of the various events which have occurred since the Agreement was entered into between NRH and the Company on 31 March 2015, which individually and together, in the opinion of NRH, constitute a Material Adverse Change. The Agreement was put in place to facilitate the underwriting by NRH of the Open Offer as part of the Company's recapitalisation plan (the "NRH Recapitalisation") as detailed in the prospectus sent to shareholders on 31 March.

ARMS is continuing to progress the ACE Cash Offer, which provides an alternative proposal for the recapitalisation of the Company as well as a cash exit for shareholders, and expects documentation to be distributed to shareholders in relation to the ACE Cash Offer very shortly.

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Forenquiries,pleaseconta ct:

Shareholder enquiries

If you have any questions relating to the Open Offer, please telephone Capita Asset Services on 0871 664 0321 from within the UK or +44 20 8639 3399 if calling from outside the UK. Lines are open between 9.00 a.m. and 5.30 p.m. (London time) Monday to Friday. Calls to the 0871 664 0321 number cost 10 pence per minute (including VAT) plus your service provider's network extras. Calls to the helpline from outside the UK will be charged at applicable international rates. Different charges may apply to calls from mobile telephones and calls may be recorded and randomly monitored for security and training purposes. The helpline cannot give any financial, legal or tax advice.

Important Notices

This announcement is an advertisement and does not constitute a prospectus or prospectus equivalent document. Nothing in this announcement shall constitute or form part of, and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or subscribe for any securities referred to herein nor should it form the basis of, or be relied on in connection with, any contract or commitment whatsoever.

This announcement is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into the United States, Australia, Canada, Japan, New Zealand, South Africa, the Isle of Man, Israel, Malta, the Marshall Islands or Mauritius or any other jurisdiction where the same would be unlawful. This announcement does not constitute, or form a part of, any offer or solicitation to purchase or subscribe for securities in the United States. The Open Offer Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") or under any securities laws of any state or other jurisdiction of the United States and may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered, directly or indirectly, within the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There will be no public offer of any of the Securities in the United States. The Securities have not been approved or disapproved by the US Securities and Exchange Commission, any state's securities commission in the United States or any other US regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of the offering of the Open Offer Shares or the accuracy or adequacy of this announcement. Any representation to the contrary is a criminal offence.

Rothschild Group, which is authorised by the PRA and regulated in the United Kingdom by the FCA and the PRA, is acting exclusively as sponsor for the Company and no one else in connection with the Open Offer and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Open Offer and will not be responsible to anyone other than the Company for providing the protections afforded to their clients or for providing advice in relation to the Open Offer or any arrangement referred to in, or information contained in, this announcement.

This announcement has been issued by and is the sole responsibility of the Company. Apart from the responsibilities and liabilities, if any, which may be imposed on Rothschild Group under FSMA or the regulatory regime established thereunder, Rothschild Group (and its affiliates and agents) does not accept any responsibility whatsoever for, and makes no representation or warranty, express or implied, in relation to, the contents of this announcement (including its accuracy, completeness or verification) or any other statement made or purported to be made by it, or on its behalf, in connection with the Company, the Open Offer Shares or the Open Offer. Rothschild Group accordingly disclaims to the fullest extent permitted by law all and any responsibility and liability, whether arising in tort, contract or otherwise in respect of this announcement or any such statement.

Neither the content of the Company's website nor any website accessible by hyperlinks on Company's website is incorporated in, or forms part of, this announcement.

The distribution of this announcement into jurisdictions other than the United Kingdom may be restricted by law. No action has been taken by the Company or any person that would permit an offering of such rights or shares or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.