Letter to Shareholders 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") 11 December 2015 Letter to Shareholders Kibo Mining Plc ("Kibo" or the "Company") (AIM:KIBO; JSE AltX: KBO), the Tanzania focused mineral exploration and development company, would like to draw shareholders' attention to a Letter to Shareholders, from the company Chief Executive Officer Louis Coetzee, which provides a comprehensive update on the company's principle activities and interests. This letter is available on the home page of the company's website at http://kibomining.com/wp-content/uploads/Letter-to- Shareholders-v3.1_10-12-2015.pdf 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) 207 382 8300 Beaufort Securities Limited Broker Oliver Morse +61 8 9480 2500 RFC Ambrian Limited Nominated Adviser on AIM Daniel Thole Anna Legge +44 (0) 203 772 2500 Bell Pottinger Investor and Media Relations Johannesburg 11 December 2015 Corporate and Designated Adviser River Group Date: 11/12/2015 02:30:00 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.