ASA Asa Resource

7 January 2015

                               Mwana Africa PLC

                          ("Mwana" or the "Company")

                          High Court Petition Update

Further to the announcement of 9 December 2014, Mwana announces that at the
hearing held earlier today at the Companies Court in respect of the matter
brought by China International Mining Group Corporation ("CIMGC"), a
substantial shareholder in Mwana, and Mr Yat Hoi Ning, a Non-Executive Director
and associate of CIMGC, (together the "Petitioners") against the Company and
two of its Non-Executive Directors, Mr Stuart Morris and Mr Johan Botha,
initial directions were laid down for the future conduct of the petition
including the setting of a trial window of 3 months from 1 November 2015. The
parties will return to court later this month to fix the trial date.

The petition refers to the passing of Resolution 3 at the Company's Annual
General Meeting held on 10 September 2014, which related to the re-appointment
of Mr Stuart Morris as a director of the Company, and alleges that the
resolution was not validly passed.

In addition, leave was given to the Petitioners to file an amended petition
which also seeks to challenge the appointments of Mr Ngoni Kudenga and Mr
Herbert Mashanyare as Non-Executive Directors of the Company, as announced on
10 December 2014.

The Company's position remains unchanged in respect of these court proceedings.
Whilst it will continue to attempt to work with the Petitioners to achieve a
mutually acceptable resolution to their complaints, the Company will defend its
position vigorously in court if required.

Further announcements with regard to this matter will be made in due course, as
appropriate.

For further information please visit www.mwanaafrica.com or contact:

Mwana Africa PLC                        Tel: +44 (0) 203 696 5470
Kalaa Mpinga, CEO                       Tel: +44(0) 203 696 5470
Caroline Mathonsi, Investor Relations

Nominated Adviser and Broker            Tel: +44 (0) 20 7418 8900
Peel Hunt LLP
Matthew Armitt / Ross Allister

Public Relations                        Tel: +27 (0) 11 880 3924
Russell and Associates
Jim Jones/Leigh King