Change in Significant 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") Dated: 12 December 2014 Change in Significant Shareholder Kibo Mining plc ("Kibo") announces that it has today received formal notice from Metal Tiger plc ("Metal Tiger") that, following completion of the issue of new ordinary shares in Kibo which was announced on 4 December 2014, from 9 December 2014 Metal Tiger holds 3.65% of Kibo's issued shares. 10,000,000 Kibo shares were issued to Metal Tiger at a price of 1.5 pence per share, as announced on 4 December 2014. 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 Abigail Wayne +44 (0) 20 3693 1470 Hume Capital Securities Plc Broker Oliver Morse and Trinity McIntyre +61 8 9480 2500 RFC Ambrian Limited Nominated Adviser on AIM Daniel Thšle Lucinda Alderson +44 (0) 203 772 2500 Bell Pottinger Investor and Media Relations Johannesburg 12 December 2014 Corporate and Designated Adviser River Group Date: 12/12/2014 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.