FOR IMMEDIATE RELEASE

19 MAY 2011

Bisichi Mining Plc

Interim Management Statement

Bisichi Mining Plc (Bisichi), the UK mining company with direct coal mining
operations in South Africa, is pleased to provide the following update about
its operations:

The performance at Black Wattle Colliery (“Black Wattle”), our direct mining
operation in South Africa, continues to improve in 2011 following the
challenging environment experienced in 2010.

This improved performance arises principally because:

* Monthly production from our new reserves is steadily increasing

* Coal prices have gone up significantly in all our markets – so far we have
seen an average increase in the export price in 2011 of 28% and an average
increase in the domestic price of 12% free on mine

* The new reserves that we are mining in 2011 have a lower average stripping
ratio than the reserves we mined in 2010

* The washing plant yield is higher than the yield on the reserves that we
mined throughout 2010

* Much of the new reserves being mined comprise low phosphorous coal which is
being sold into the domestic metallurgical industry at a premium

* We have undertaken a substantial and successful cost cutting programme.

In the last quarter of 2010, the mine’s monthly production through the washing
plant decreased to 94,000 metric tonnes. This was a direct result of a shortage
of railway trucks at our coal loading siding,. This year the supply of trains
has improved and our stockpiles have reduced, allowing the mine to steadily
increase production. The mine is expected to reach maximum monthly production
early in the second half of 2011.

As a result of the improved performance at Black Wattle, the mine is expected
to return to an acceptable level of profitability by the second half of 2011.

Finally, income from Bisichi’s UK properties remains steady, with no
significant change from the second half of 2010.

Mr Andrew Heller, Managing Director of Bisichi said:

`Black Wattle is a fully operational opencast mine with strong management, a
sophisticated infrastructure and well developed markets for the mine’s output.
As a result, the group is in a strong position to take advantage of the
improvement in market prices and the increased production. We anticipate seeing
the benefits of this in the second half of the year. `

For further information, please call:

Andrew Heller, Bisichi Mining PLC 020 7415 5030

END

Bisichi Mining PLC

Annual Report – year ended 31 December 2010 and Notice of Annual General
Meeting – 7 June 2011.

This is to confirm that Bisichi Mining PLC has posted its Annual Report and
Accounts for the year ended 31 December 2010, Notice of Annual General Meeting
(to be held on 7 June 2011) and Form of Proxy to shareholders.

The document was published on the company’s website and a copy was posted to
all shareholders who had requested a printed copy. A letter was sent to those
shareholders who had consented to web publications to advise them that the
document was now available on the company’s website.

A RNS announcement of the text of the Annual Report excluding the Notice of AGM
and the proxy form was made on 28 April 2011.

Copies of the Annual Report may be obtained from the Company Secretary at the
company’s registered office 30-35 Pall Mall, London, SW1Y 5LP and is available
for download from www.bisichi.co.uk

A copy of the above documents have been submitted to the National Storage
Mechanism and will shortly be available for inspection at
www.Hemscott.com/nsm.do

Heather Curtis

Company Secretary

020 7415 5000

3 May 2011