New Broker Appointment 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: IE00B97C0C31 ("Kibo" or "the Company") Dated: 17 March 2015 New Broker Appointment Kibo Mining Plc ("Kibo" or the "Company") (AIM:KIBO; JSE AltX:KBO) the Tanzania focussed mineral exploration and development company is pleased to announce the appointment of a new joint broker. Further to our announcement earlier today with regard to the position at Hume Capital, the board of Kibo have taken proactive steps to appoint a company joint broker, Beaufort Securities Limited, with immediate effect. As an AIM listed company it is a requirement that we maintain a qualifying broker as an adviser to the Company and this step ensures the Company is in compliance with our listing requirements. Louis Coetzee CEO of Kibo Mining commented "We are pleased to welcome Beaufort Securities into the Company's advisor base. We consider Beaufort to be a highly regarded and secure partner and look forward to working together. For clarity, I would reiterate that the balance of recent placing monies currently held in the client money account at Hume Capital is expected to be released to us once FCA approval for the payment is secured in line with normal due process. Subject to administrative handling of this matter we anticipate this financial receipt in due course." 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 Elliot Hance +44 (0) 207 382 8300 Beaufort Securities Limited Broker Oliver Morse +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 17 March 2015 Corporate and Designated Adviser River Group Date: 17/03/2015 04:38:00 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.