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Mwana Africa PLC (the "Company")

Grant of Options

London, 14th December 2009 - The Company announces that on 11 December it granted options over 
ordinary shares of 10 pence each to the following directors, at an exercise price of 14 pence per share:

	Options granted 11th December	Total options held after grant
Oliver Baring	1,300,000	6,126,923
Kalaa Mpinga	2,000,000	7,000,000
Donald McAlister	1,500,000	1,500,000

These options are subject to performance related conditions and may not be exercised before three years from the date of grant. Provided the performance conditions have been met or treated as met at that time, then the options may be exercised at anytime thereafter, up to ten years from the date they were granted.

The aggregate number of options granted on 11 December is 5,050,000 including the above directors and other employees that are not directors.

Enquiries:

Mwana Africa PLC

Brian Tuck, Company Secretary

Tel: 020 7654 5580

Merlin

Tom Randell / Anca Spiridon

Tel: 020 7726 8400

Canaccord Adams Limited

Mike Jones / Henry Fitzgerald-O'Connor

Tel: 020 7050 6500                         

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