Rambler Grant of Options

FOR:  RAMBLER METALS & MINING PLC

TSX VENTURE SYMBOL:  RAB
AIM SYMBOL:  RMM

April 2, 2012

Rambler Grant of Options

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - April 2, 2012) - Rambler Metals and Mining plc
(TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') announces that 100,000 stock options have been granted to Mr
Stanley Neamonitis, Non-executive Director of the Company. The options are exercisable at a price of $0.53 CDN vesting
on 23 March 2012. The total number of ordinary shares over which Mr. Neamonitis holds options following this
notification is 100,000.

Mr. Neamonitis has many years of experience in the marketing of base metal concentrates and will be assisting the
Company in the administration of the off-take agreement with Transamine Trading for the copper/gold concentrates to be
produced over the next six years from the Ming Copper-Gold mine through the Nugget Pond mill.

ABOUT RAMBLER METALS AND MINING

Rambler Metals and Mining plc is a Junior Mining Company that has 100% ownership of the Ming Copper-Gold Mine in Baie
Verte, Newfoundland and Labrador, Canada. As a producing gold and copper miner, our objective is to become a mid-tier
mining company by continuing the development of the Ming Mine, discovering new deposits and through mergers and
acquisitions.

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FOR FURTHER INFORMATION PLEASE CONTACT:

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

OR

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

OR

Seymour Pierce Limited
Nandita Sahgal
[phone]

OR

Seymour Pierce Limited
Jeremy Stephenson
[phone]

OR

Pelham Bell Pottinger
Charles Vivian
[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.

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Rambler Metals & Mining Plc