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Anglesey Mining PLC

ANGLESEY MINING PLC - AGM -Chairman's remarks -Voting -Grant of share options

AGM 2016 - Chairman's remarks - Voting - Grant of share options

Chairman's remarks at AGM

At the shareholder’s annual meeting held today, the Chairman, , made a presentation outlining the company’s plans for the coming year and his expectation that the price of zinc will move significantly higher in the near future, due to reduced production worldwide from mine closures and forecasts of increases in demand, and that these higher zinc prices would continue for a number of years.John Kearney

noted that the company had previously announced that it was updating its earlier scoping and economic studies on its zinc/lead/copper/silver/gold property in . He reported that this updated scoping study is being prepared by and by , both of which are acknowledged experts and leaders in the resources sector, and it is expected that the updated study will be presented to the company later in the autumn.Mr KearneyParys MountainWalesMicon International LimitedFairport Engineering Limited

Grant of share options

The company also announces that it has today granted a total of 3,500,000 options to subscribe for ordinary shares at a price of per share under the unapproved share option scheme to the directors in the amounts set out below:2 pence

                         Chief Executive                               1,000,000Bill Hooley

                  Finance Director                             1,000,000Danesh Varma

                    Chairman                                          500,000John Kearney

Howard Miller                     Non executive Director                     500,000

                        Non executive Director                     500,000David Lean

These share options, which were granted by the remuneration committee and approved by the board, will vest after one year from date of grant, with a term of five years expiring on the .  All options are subject to a performance criterion, namely that the company’s share price performance over the period from grant to exercise must exceed that of the companies in the top quartile of the 100 index.30 September 2021FTSE

The company points out that all the directors have waived entitlement to remuneration for more than the last 24 months.

Voting at the AGM

In respect of the voting at the company’s AGM held on the directors are pleased to report that all resolutions were passed unanimously on a show of hands.28 September 2016

The valid proxies recorded in respect of voting at the meeting were as follows:

Notes

1. Votes were received in respect of 58,705,835 shares representing 36.6% of the issued share capital.

2. Any proxy appointments which gave discretion to the chairman have been included in the “For” total.

3. The full text of the resolutions is shown in the notice of the AGM which is available in the annual report and on the website.

Total voting rights

The issued ordinary share capital of the company is 160,608,051 shares with voting rights; there are no shares in treasury.

The above figure may be used by shareholders as the denominator for the calculations which will determine whether they are required to notify their interest in the company, or any change to that interest, under the FSA’s Disclosure and Transparency Rules.

Following the grant of the share options set out above, the aggregate share options outstanding will represent 5.3% of the 160,608,051 ordinary shares in issue.

For further information, please contact:

, Finance Director +44 (0)207 6539881Danesh Varma

Resolution                                    In Favour  Against Withheld

1  To receive the report and accounts            58,705,088 750     0

2  To approve the directors’ remuneration policy 58,680,949 24,486  400
   report

3  To approve the directors’ remuneration report 58,685,685 19,250  900

4  To reappoint John F. Kearney as a director    58,689,460 16,375  0

5  To reappoint Bill Hooley as a director        58,690,085 15,750  0

6  To reappoint David Lean as a director         58,690,585 15,750  500

7  To reappoint Howard Miller as a director      58,690,085 15,750  0

8  Withdrawn

9  To reappoint Danesh Varma as a director       58,705,085 750     0

10 To reappoint Mazars LLP as auditors           58,703,035 750     2,050

11 To authorise the directors to determine the   58,705,085 750     0
   remuneration of the auditor

12 To authorise the directors to issue new share 58,683,724 21,611  500
   capital

13 To dis-apply pre-emption rights in respect of 58,682,299 17,800  5,736
   certain issues of shares
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