Press Release

3-February-2012

Appointment of Joint Broker

The Company is pleased to announce that it has appointed Northland Capital Partners Limited as joint broker with immediate effect.

Contact details:

VANE Minerals plc

David Newton, Chief Executive, +44 (0) 20 7667 6322

Allenby Capital (Nomad and Joint Broker)

Jeremy Porter / Alex Price, +44 (0) 20 3328 5656

Northland Capital (Joint Broker)

Louis Castro, +44 (0) 20 7796 8800

Bankside Consultants

Simon Rothschild, +44 (0) 20 7367 8888