KIBO MINING PLC - Distribution Of Shareholding By Major Shareholder

Distribution Of Shareholding By Major Shareholder

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")


20 December 2013


DISTRIBUTION OF SHAREHOLDING BY MAJOR SHAREHOLDER

Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; JSE: KBO), the mineral exploration and development 
company focused on coal, gold, nickel, and uranium projects in Tanzania, announces that its largest 
shareholder, Mzuri Capital Group Ltd ("MCG") has advised that it has distributed its entire shareholding 
in the Company on an in specie basis to its 26 shareholders.Ê As a result, MCGÕs holding in the issued 
ordinary share capital of the Company has decreased from approximately 11.5% to 0%. 

Entities controlled by two of Kibo's directors, Louis Coetzee and Tinus Maree, have shareholdings in MCG 
of 7.8% and 9.2% respectively, and as result of the distribution their beneficial shareholdings in the 
Company have increased as follows:

Director Name      Shares Distributed from MCG           KIBO Shares Now Held           % of the Company's 
                                                                                        Issued Share Capital

Louis Coetzee      1,256,287                             4,343,616                      3.1%
Tinus Maree        1,486,199                             2,590,268                      1.8%

The above shareholding percentages are based on Kibo's current total issued ordinary share capital of 141,116,691 shares.

Kibo Mining - Notes to editors 

Kibo was established in early 2008 to explore and develop mineral deposits in Tanzania. The company was admitted to AIM
in London on 27 April 2010 and the JSE in Johannesburg on 30 May 2011. The Company is developing the Rukwa mouth-of-mine 
thermal power station and controls one of Tanzania's largest mineral right portfolios, including the Haneti (nickel, PGE 
and gold), Morogoro, Lake Victoria (Gold), and Pinewood (Coal & Uranium) projects.

Its projects are located both in the established and gold prolific Lake Victoria Goldfields, the emerging goldfields of 
eastern Tanzania and the Mtwara Corridor in southern Tanzania where the Government has prioritised infrastructural 
development attracting significant recent investment in coal and uranium.

Kibo's objective is to build shareholder value sustainably. This will be achieved primarily through exploration of its 
own projects and leveraging the Company's experience in Tanzania to acquire exploration and development assets on 
competitive terms. The focus is on assets that can be moved swiftly up the value curve whilst benefitting from strategic 
relationships with industry leaders with special skills and competencies within their chosen fields. 

Updates on the Company's activities are regularly posted on its website www.kibomining.com 

Contacts

Louis Coetzee
+27 (0)83 2606126
Kibo Mining plc
Chief Executive Officer

Andreas Lianos
+27 (0)83 4408365
River Group
Corporate Adviser and Designated Adviser on JSE

Jon Belliss
+44 (0) 20 3216 2630
XCAP
Broker

Stuart Laing
+61 8 94802500
RFC Ambrian Limited
Nominated Adviser on AIM

Daniel Thšle
+44 0207 8611606
 Bell Pottinger
Investor and Media Relations


Johannesburg
20 December 2013

Corporate and Designated Adviser 
River Group

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