Result of AGM

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

28 March 2013

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

                                 Result of AGM                                 

Sula announces that, at the annual general meeting of the Company held earlier
today, all resolutions were duly passed.

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

Brian Moritz                Sula Iron & Gold plc           [phone]
                                                                               
James Caithie / Avi         Cairn Financial Advisers LLP   [phone]
Robinson                                                                       
                                                                               
John-Henry Wicks / Alice    Northland Capital Partners     [phone]
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Chris Rourke / Guy Wheatley Beaufort International         [phone]
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Felicity Edwards/ Charlotte St Brides Media and Finance    [phone]
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