Issue of Share Options

KEFI MINERALS PLC                               

                           ("KEFI" or the "Company")                           

                            Issue of Share Options                             

The Board of KEFI Minerals plc today announces that at its board meeting today
and in accordance with the Company share option scheme, it has allocated
9,000,000 share options over ordinary shares in the Company (the "Share
Options"). The Share Options each convert into one ordinary share of 1p each in
the Company at a price of 2.4p each (being the Company's closing mid-market
share price today).

The Share Options can be exercised any time, for a period of 5 years, from the
date of grant.

6,500,000 Share Options of the total number of Share Options have been issued
to directors as set out below, with the remainder being issued to other members
of the management team.


Name                       Number of   Number of   Number of  Total Interest in
                             Share    other share   issued    the share capital
                            Options     options    Ordinary    of the Company  
                           issued on    already     Shares    assuming all the 
                           12/06/09:     held:      already      directors'    
                                                     held:      interests in   
                                                                 options are   
                                                                 converted:    
                                                                               
H. Anagnostaras-Adams      2,000,000   4,000,000   1,966,667        3.8%       
(Chairman)                                                                     
                                                                               
J. Rayner (Managing        3,000,000   2,000,000    250,000         2.5%       
Director)                                                                      
                                                                               
I. Plimer (Deputy          2,000,000   5,000,000   1,533,000        4.1%       
Chairman)                                                                      
                                                                               
J. Leach (Finance          1,000,000   1,000,000   1,000,000        1.4%       
Director)                                                                      


For more information please contact:

KEFI Minerals www.kefi-minerals.com


Jeffrey Rayner                           [phone]

WH Ireland Limited

Katy Mitchell                            [phone]

Bishopsgate Communications

Nick Rome                                [phone]

Michael Kinirons