KBO - Kibo Mining Plc - Proposed acquisition of Mzuri Energy Limited and Mayborn

KBO - Kibo Mining Plc - Proposed acquisition of Mzuri Energy Limited and Mayborn
Resource Investments (Pty) Ltd                                                  
Kibo Mining Plc                                                                 
(Incorporated in Ireland)                                                       
(Registration Number: 451931)                                                   
(External registration number:                                                  
2011/007371/10)                                                                 
Share code on the JSE Limited: KBO                                              
Share code on the AIM: KIBO                                                     
ISIN: IE00B61XQX41                                                              
("Kibo" or "the Company")                                                       
KIBO MINING PLC                                                                 
Proposed acquisition of Mzuri Energy Limited and Mayborn Resource Investments   
(Pty) Ltd                                                                       
The Directors of Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO) the      
mineral exploration and development company in Tanzania have, in accordance with
AIM Rule 14, requested the London Stock Exchange to suspend trading in the      
Company`s share on AIM with immediate effect pending publication of the         
admission document in respect of the acquisition of Mzuri Energy Limited and    
Mayborn Resource Investments (Pty) Ltd.                                         
The Company has therefore requested the JSE to also suspend the securities until
a further announcement is published.                                            
Enquiries:                                                                      
Louis Coetzee    +27 (0)83 2606126   Kibo Mining plc      Chief Executive      
                                                                   Officer      
 Ross Andrews &   +44 (0) 161 831     Zeus Capital       Nominated Adviser      
 John Simpson     1512                Limited                                   


 Andreas Lianos   +27 (0)83 4408365   River Group            Corporate and      
                                                        Designated Advisor      
                                                                                
Nick Bealer      +44 (0)207 7109612  Cornhill Capital   Broker (Corporate      
                                      Ltd                         Broking)      
 Matt Beale       +44 (0)7966 389196  Fortbridge          Public Relations      
                                                                                
Updates  on  the  Company`s  activities are  regularly  posted  on  its  website
www.kibomining.com                                                              
Pretoria11 May 2012Corporate and Designated AdvisorRiver Group                  
Date: 11/05/2012 07:55:00 Supplied by www.sharenet.co.za                     
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