Pathfinder Minerals - Requisition to convene a General Meeting

Embargoed: 0700hrs 14 February 2012

Pathfinder Minerals Plc

("Pathfinder Minerals" or the "Company")

Requisition to convene a General Meeting

The Board of Pathfinder Minerals has received a notice on behalf of J.V. Consultores Internacionais Limitada (an entity controlled by General Veloso) and Mr Diogo Cavaco (the "Requisitioners"), requisitioning a general meeting of the Company's shareholders (the "Requisition"). The Requisition proposes that shareholders be asked to consider resolutions appointing an independent accountant nominated by the Requisitioners to carry out a review of the Company's affairs.

The Company will comply with its obligations under the Companies Act and, subject to establishing the validity of the Requisition, will convene a general meeting.

Enquiries:

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. +44 (0)20 7399 4371

Daniel Stewart ∓ Company Plc

Paul Shackleton or James Thomas

Tel: +44 (0)20 7776 6550

M: Communications

Ben Simons or Maria Souvorov

Tel: +44 (0)20 7920 2340 /2327

Notes to Editors

Companhia Mineira de Naburi S.A.R.L ("CMDN"), a subsidiary of Pathfinder Minerals, was issued mining concession licence 4623C ("Moebase") on 13 July 2011 for a period of twenty-five years. The Moebase licence is in addition to licence 760C ("Naburi"), also granted in the name of CMDN for a period of 25 years ending in 2029. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.

Pathfinder Minerals Plc is admitted to trading on the AIM market of the London Stock Exchange (LSE: LSE.L - news) . Trading was suspended on 11 November (Stuttgart: A0Z24E - news) 2011 at the Company's request, following notification from General Veloso of his resignation as a director and assertions by him that CMDN is no longer the licence holder. The Company's ownership rights over CMDN are also in dispute and are the subject of injunctive steps in Mozambique and the UK.