Rambler Announces Options Exercising

FOR:  RAMBLER METALS & MINING PLC

AIM SYMBOL:  RMM
TSX VENTURE SYMBOL:  RAB

February 6, 2012

Rambler Announces Options Exercising

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Feb. 6, 2012) - Rambler Metals and
Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') announces that it issued and allotted
180,000 Ordinary Shares following the exercising of options by one current director and three former directors/
officers of the Company. The Company has made application for the 180,000 Ordinary Shares of 1 penny each to be
admitted to trading on AIM. Admission is expected to occur on 9 February 2012.

Of the 180,000 options exercised, 45,000 belong to Stanley Neamonitis who is currently a non-executive director
of the Company. His share options were issued in November 2008 at a price of US$0.16 and were fully vested over
a three year period by November 2011. Following this exercise, Mr. Neamonitis is interested in 445,000 Ordinary
Shares, representing 0.4 per cent of the issued share capital of the Company.

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital at the date
of this notice consists of 124,838,248 ordinary shares of 1 penny each.

The above figure may be used by shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their interest in, the Company,
under the Disclosure and Transparency Rules.

Forward Looking Statement:

Some of the statements contained herein may be forward-looking statement, which involve known and unknown risks
and uncertainties. Without limitation, statements regarding future plans and objectives of the Company are
forward looking statements that involve various degrees of risk. It is important to note that the Company's
actual results could differ materially from those in such forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Rambler Metals and Mining
George Ogilvie, P.Eng.
President and CEO
709-800-1929
709-800-1921

OR

Rambler Metals & Mining Plc.
Corporate Office
[phone]
[phone] (FAX)
www.ramblermines.com

OR

Seymour Pierce Limited
Nandita Sahgal / Jeremy Stephenson
[phone]

OR

Pelham Bell Pottinger
Philippe Polman
[phone]

OR

Ocean Equities Limited
Guy Wilkes
[phone]

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Rambler Metals & Mining Plc