Result of General Meeting

KEFI Minerals plc                               

                      ("KEFI Minerals" or the "Company')                       

                           Result of General Meeting                           

                                Issue of Equity                                

Further to the announcement of 4 February 2011, KEFI Minerals confirms that at
its General Meeting held earlier today all resolutions were duly approved,
accordingly all conditions, save for Admission, for the issue of 26,000,000
ordinary shares at a price of 5p each (the "Placing Shares") have now been
satisfied.

Application has been made for the Placing Shares to be admitted to trading on
AIM, and Admission will become effective and dealings will commence from 22
February 2011.

Following Admission, the total number of ordinary shares in issue will be
360,136,358 ordinary shares. This figure may be used by shareholders in the
Company 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 share capital of the Company under the Disclosure and Transparency
Rules.

Enquiries:

KEFI Minerals www.kefi-minerals.com

Jeffrey Rayner [phone]

WH Ireland Limited

Katy Mitchell [phone]

Fox-Davies Capital

Simon Leathers [phone]

Bishopsgate Communications

Michael Kinirons [phone]