Result of AGM

AIM: KEFI 25th May 2010

                               KEFI Minerals Plc                               

                      ("KEFI Minerals" or the "Company")                       

                                RESULTS OF AGM                                 

The Board of Kefi Minerals plc (`KEFI', or the `Company') is pleased to
announce that all resolutions proposed to shareholders at the Company's Annual
General Meeting ("AGM") held in London earlier today were duly passed.

The presentation made by the Managing Director Jeff Rayner at today's AGM is
now available on the Company's website.

By way of update, the Company is pleased to advise that Douglas Cook has joined
the KEFI Minerals' team as Principal Geologist. He commenced his career with
Western Mining Corporation in Australia and has over 22 years international
experience in gold, base metal and nickel exploration. He will be involved
initially with the Company's exploration efforts in Turkey, before becoming
involved with the Saudi Arabian gold and base metal projects later in the year.

In addition, the Company can confirm that the permitting process in Saudi
Arabia is continuing with steady progress. The licence application areas cover
a range of deposit styles, including Volcanic-Hosted Massive Sulphides (VHMS),
quartz veins in shear zones, porphyry-style copper-gold and listwaenite hosted
gold. Visible gold is evident in some of the high-grade quartz veins, and all
licence application areas contain historic workings. In addition, a cumulative
total of over 8km of gold-bearing gossans, developed on polymetallic VHMS-style
mineralisation at depth, crop out in three separate licence application areas.

A further announcement will be made in due course when the licence is granted.

Enquiries

KEFI Minerals                WH Ireland            Bishopsgate Communications  
                                                                               
Jeffrey Rayner               Katy Mitchell         Nick Rome                   
                                                                               
[phone]            [phone]      [phone]            
                                                                               
                                                   Fox-DaviesCapital           
                                                   Oliver Stansfield  +44 207  
                                                   936 5220                    
                                                                               
www.kefi-minerals.com                                                          

References in this announcement to exploration results and potential have been
approved for release by Mr Malcolm Stallman, B.App.Sc. Mr Stallman is a
geologist and has more than 20 years' relevant experience in the field of
activity concerned. He is a Member of the Australasian Institute of Mining and
Metallurgy (AusIMM) and has consented to the inclusion of the material in the
form and context in which it appears.

About KEFI Minerals

KEFI Minerals commenced trading on AIM in December 2006 and was formed with the
aim of creating shareholder value through the discovery and exploitation of
gold and copper deposits.

In Turkey, KEFI Minerals currently has the following exploration projects:

 1. At Derinin Tepe in the Western Anatolia Region, low-sulphidation epithermal
    quartz veins have been identified with gold and silver mineralisation.
   
 2. At Artvin, in northeastern Turkey, extensive hydrothermal alteration and
    gold and base metal mineralisation have been recognised in the project
    area, as well as historical workings indicating potential for economic
    mineralisation. Artvin is a joint venture operated by KEFI Minerals and
    funded by Centerra Gold Inc, who has the right to earn up to 70% interest
    in the property by spending US$6 million.
   
 3. Bakir Tepe, in southwestern Turkey, is prospective for VHMS polymetallic
    deposits. High-grade gold and copper crop out on the peripheries of a
    shallowly buried geophysical chargeability anomaly.
   
 4. At Gumushane in eastern Turkey, areas of extensive hydrothermal alteration
    have been recognised in the project area, as well as coincident areas of
    interest identified through interpretation of Aster data.
   
 5. Hasancelebi, in central Turkey, is prospective for high-sulphidation
    epithermal gold mineralisation and Iron-Oxide Copper-Gold ("IOCG")
    mineralisation.
   
 6. Muratdag, in the Western Anatolia Region, is prospective for Carlin-style
    epithermal gold mineralisation.
   
In the Kingdom of Saudi Arabia, KEFI Minerals has a minerals exploration joint
venture with leading Saudi construction and investment group Abdul Rahman Saad
Al-Rashid & Sons Company Limited ("ARTAR"). KEFI Minerals is the operating
partner with a 40% interest and the joint venture's primary target is the
discovery and development of a >1 million ounce gold deposit in the
under-explored Precambrian Shield in Saudi Arabia.

KEFI Minerals' Board of Directors is comprised of Mr. Harry Anagnostaras-Adams
(Chairman), Mr. Jeffrey Rayner (Managing Director), Professor Ian Plimer
(Deputy Chairman) and John Leach (Finance Director).

Further information on KEFI Minerals is available at www.kefi-minerals.com and
the Company's AIM code is "KEFI".

                                    -Ends-                                     


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KEFI Minerals Plc

DoÄŸu Akdeniz Mineralleri

San. Tic. Ltd. Åžti.

Cemal Gürsel Cad.

Yalı Apt. No:304

K:4 D:9 Karşıyaka İZMİR

Tel: [phone]

Fax: [phone]

Email: [e-mail]