African Minerals - Re: AMI Stream Log - The Ebola protocol remains at...

The Ebola protocol remains at Level 4 status as described in previous communications and the price of iron ore on the world market continues to sit at a historical low. Additionally, Tonkolili operations remain suspended and we expect care and maintenance to continue while we attempt to resolve differences between the shareholders of ARPS and TIO (the “Operating Companies”) and source additional funding for the business. At this stage it is unclear if and when a resolution will be reached. Due to the lack of revenue as a result of the operations suspension and placement onto care and maintenance activities and Ebola, the Operating Companies to whom you are seconded (from AML) cannot continue to cover all salary costs indefinitely. In line with the Operating Companies’ requirements, the Company’s workforce is being restructured to support the current care and maintenance programme, and limited operations for handling Marampa product over the rail and port. In addition we have identified and are retaining a very reduced workforce for a limited period in accordance with our Ebola protocols to be available for re-start of operations if funding is resolved soon.