Result of general meeting

Angus & Ross plc (the “Company”)

The Company announces that all resolutions put to shareholders at today’s general meeting have been duly approved.

Accordingly, the Company has issued $12.5 million convertible loan notes to FBC Holdings S.à.r.l. together with the new B Share, details of which are set out in the circular to shareholders dated 5 August, 2009. Following the issue of the B Share, FBC Holdings S.à.r.l. is interested in 577,275,625 voting rights of the Company representing 70.01 per cent. of the current enlarged voting rights of the Company.

Following shareholder approval to change the Company’s name to Angel Mining plc, it is anticipated that trading under the new name will become effective from 24 August, 2009 and the dealing code will be 'ANGM'.

Chief Executive Officer, Nicholas Hall, commented:

“We have been working hard to transform the fortunes of the Company and to take full advantage of our most valuable asset, being the Black Angel zinc/lead mine, together with the recently acquired Nalunaq gold mine. The support of Cyrus Capital Partners, LP and the passing of the various resolutions at the general meeting will enable us to progress our mining operations that are focused on opportunities in Greenland.“

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