Holding(s) in Company

Sula Iron & Gold plc / Index: AIM / Epic: SULA / Sector: Natural Resources   

4 February 2014

                Sula Iron & Gold plc (`Sula' or `the Company')                 

                             Holding(s) in Company                             

The Board of Sula has been informed that Brian Moritz no longer holds a
notifiable interest in the ordinary shares of the Company.

                                   **ENDS**                                    

For further information please visit www.sulairongold.com or contact the
following:

Nick Warrell                Sula Iron & Gold plc           [phone] 
                                                                               
Matt Wood                   Sula Iron & Gold plc           [phone]
                                                                               
James Caithie / Avi         Cairn Financial Advisers LLP   [phone]
Robinson                                                                       
                                                                               
Martin Lampshire / David    Daniel Stewart & Company Plc   [phone]
Hart                                                                           
                                                                               
Felicity Edwards /          St Brides Media and Finance    [phone]
Charlotte Heap              Ltd