Hill : Extension of Loan Agreement

15 July 2014

LP Hill Plc

("LP Hill" or the "Company")

LP Hill (AIM: LPH), the AIM listed uranium, thorium, base and precious metals and gemstones exploration and development company operating in Madagascar, announces that its pre-existing unsecured loan agreement with Irvine Securities Limited has been extended for a period of six months.

Accordingly, the outstanding unsecured term loan of £150,000 principal amount, together with accrued interest thereon, is now repayable on or before 11 January 2015. Save for the extension of the final repayment date, all other details announced on 11 July 2013 remain unaltered.

The Company intends to raise additional equity and/or debt finance in due course to ensure that that the group maintains an appropriate capital structure and is able to fund its ongoing working capital requirements and potential future development opportunities.

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