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Press release from Marketwire

EMED Mining Public Limited: Amendment of Option Agreements

Monday, March 25, 2013

EMED Mining Public Limited: Amendment of Option Agreements14:22 EDT Monday, March 25, 2013NICOSIA, CYPRUS--(Marketwire - March 25, 2013) - EMED Mining Public Limited (AIM: EMED)(TSX: EMD)EMED Mining Public Limited (the "Company") announces that it has agreedto vary the terms of certain option agreements dated 23 March 2009,with the persons or entities set our below (the "Option Holders"). Theagreements grant to the Option Holder a right to subscribe for newordinary shares in the capital of the Company at a subscription priceof 4.13 pence per ordinary share during the option period which is dueto expire on 23 March 2013 (the "Option Period"). As previouslyannounced, the Company planned to release its audited annual accountsfor the year ended 31 December 2012 after the 23 March and therefore theOption Period would expire during a close period (as defined under theAIM Rules for Companies published by London Stock Exchange plc).At the Company's AGM in 2011, shareholders approved the variation ofthe Company's option agreements on a base-by-case basis to extend thefinal exercise date of the option to a date not exceeding 10 businessdays following the end of a close period. Accordingly, the Company hasnow entered into a Deed of Amendment with each of the Option Holders toextend the Option Period applicable to their options on this basis.Details of the option agreements which have been amended are set outbelow:Option Holder Number of shares subject to optionSamerang Enterprises Limited (beneficially owned 2,000,000by Harry Anagnostaras-Adams)DCC Geo Consultants Ltd (beneficially owned by 1,100,000Dimtri Constantinedes)Blue Strong Kolchis Consultants (beneficially 1,250,000owned by Ronald Cunneen)SABMAG Holdings Limited (beneficially owned by 1,500,000John Leach)Brilliant Shrewd Meg Resources Limited 500,000(beneficially owned by John Ingram)N Adamides Geological Services Ltd (beneficially 200,000owned by Nicos Adamides)Digger Suppa Annuation Fund (beneficially owned 1,000,000by Ronnie Beevor)Ross Bhappu 500,000Ashwath Mehra 500,000Angelo Farci 200,000EnquiriesEMED Mining Harry Anagnostaras-Adams +357 9945 7843RFC Ambrian Stuart Laing +61 8 9480 2500Fox-Davies Capital Simon Leathers/Susan Walker +44 203 463 5022Bishopsgate Communications Nick Rome +44 207 562 3350Proconsul Capital Andreas Curkovic +1 416 577 9927For further information on the Company's activities, visit www.emed-mining.com This information is provided by RNSThe company news service from the London Stock ExchangeENDFOR FURTHER INFORMATION PLEASE CONTACT: Contact Information: RNSCustomerServices0044-207797-4400rns@londonstockexchange.comhttp://www.rns.com