Golden Prospect Prec - Net Asset Value(s)

GOLDEN PROSPECT PRECIOUS METALS

("the Company")

Registration No: 45676

Registered Office:
11 New Street, St Peter Port, Guernsey, GY1 2PF

TELEPHONE: + 44 1481 726034
FACSIMILE + 44 1481 726029

email: fund.enquiries@legisgroup.com

IMMEDIATE ANNOUNCEMENT 22^th May 2012

Valuation date: 18^th May 2012

GOLDEN PROSPECT PRECIOUS METALS

Estimate NAV

Currency GBP

NAV per share 77.09

Total NAV 43,942,071.73

Shares in Issue 57,000,000.00

All enquiries should be forwarded to the Company's Secretary at the Company's registered office which is located at the address above:

END OF ANNOUNCEMENT