Increase of significant interest in Kalahari Mi...

For immediate release: 24 February 2009

                            Emerging Metals Limited                            

("EML", "Emerging Metals" or "the Company")

           Increase of significant interest in Kalahari Minerals Plc           

The Directors of Emerging Metals Limited (AIM: EML), the mining company focused
on minor and emerging metals, are pleased to announce that they have increased
their interest in Kalahari Minerals Plc ("Kalahari Minerals") to 15,820,000
ordinary shares being 8.84% of the issued share capital of Kalahari Minerals by
way of the on-market purchases of 2,475,000 ordinary shares at an average price
of 78.17 pence per share.

The Directors of Emerging Metals continue to believe that the acquisition of a
significant stake in Kalahari Minerals provides the Company with exposure to a
world class uranium deposit in Namibia and a further diversification of its
exposure to the class of minor and emerging metals. Namibia is already a well
established uranium producer with a reputation for a positive approach to the
development of mining projects.

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Contact details

  Emerging Metals   Blomfield Corporate Fox-Davies Capital          GTH        
      Limited         Finance Limited         Limited                          
                                                              Communications   
                                                                               
   Mitch Alland         Toby Howell      Daniel Fox-Davies       Toby Hall     
                                                                               
    Denham Eke             Peter                             Christian Pickel  
                      Trevelyan-Clark                                          
                                                                               
[phone]   [phone]     [phone]     [phone]  
                           4500                5200                8035