“Focussed on discovery and development of major gold deposits in West Africa.”

October 2013

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This presentation (“Presentation”) has not been approved by an authorized person within the meaning of the Financial Services and Markets Act 2000. This Presentation does not constitute, or form part of, a prospectus relating to Sovereign Mines of Africa Plc (“Company” of “Sovereign Mines”), nor does it constitute or contain any invitation or offer to any person to subscribe for, purchase or otherwise acquire any shares in the Company or advise persons to do so in any jurisdiction, nor shall it, or any part of it form the basis of or be relied on in connection with any contract. No reliance may be placed for any purpose whatsoever on the information or opinions contained in this document or on its completeness. No representation or warranty, express or implied, is given by the Company as to the accuracy of the information or opinions contained in this document. It contains only a synopsis of more detailed information and accordingly no reliance may be placed for any purpose whatsoever on the sufficiency or completeness of the information in this Presentation. This Presentation does not constitute a recommendation regarding the shares of the Company. Viewing, downloading, reproducing, copying or distributing this Presentation may be restricted by law in certain jurisdictions. This Presentation is not for distribution outside the United Kingdom and in particular, it should not be distributed, directly or indirectly, by any means (including electronic transmission) either to persons with addresses in the United States, Canada, Australia, Japan, the Republic of South Africa or the Republic of Ireland, or to any citizens, nationals or residents thereof, or to any corporation, partnership or other entity created or organized under the laws thereof, nor should it be viewed by any such persons. Without limitation, the securities mentioned herein have not been and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or under any U.S. State securities laws, and may not be offered or sold in the United States unless they are registered under the Securities Act or pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act. Any failure to comply with these restrictions may constitute a violation of the laws of any such other jurisdictions. These Presentation Materials contain certain forward-looking information about the Company which are statements, beliefs, opinions or projections that are not historical facts, and which may be identified by the use of terminology such as “proposes,” “may,” “believes,” “anticipates,” “projects,” “expects,” estimates” or “forecasts” or comparable terminology and which reflect the Company’s or, as appropriate, the Company’s Directors current expectations and beliefs about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed in such statements, beliefs and opinions depending on a variety of factors. Past performance, trends or activities of the Company or its shares cannot be relied on as a guide to future performance, trends or activities. Any forward-looking information contained in these Presentation Materials has been prepared on the basis of a number of assumptions which may prove to be incorrect, and accordingly, actual results may vary from those projected as a result of, among other factors, changes in economic and market conditions, changes in the regulatory environment and other business and operational risks. Forward-looking statements speak only as of the date of the Presentation. The Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, circumstances or otherwise or to reflect the occurrence or non-occurrence of any events. By viewing the Presentation you will be taken to have represented, warranted and undertaken that you have read and agree to comply with the contents and restrictions of this disclaimer.

Disclaimer

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Sovereign Mines of Africa plc in a Snapshot

•  Sovereign  Mines  of  Africa  (AIM:SMA)  founded  in  2010  with  focus  on  high  poten=al  gold  projects  in  West  Africa.  

•  Ini=al  resource  of  610,000  ounces  of  gold  outlined  aDer  only  15,593  metres  drilled  at  flagship  Mandiana-­‐Magana  project  in  Guinea.  Most  importantly,  this  contains  a  higher  grade  resource  of  420,000  ounces  at  an  average  grade  of  2.3gpt  Au.  Resource  open  in  all  direc=ons.  

•  Significant  poten=al  for  increased  resources  and  further  discovery  indicated  by  extensive  areas  of  untested  ar=sanal  gold  workings  at  Mandiana-­‐Magana.  

•  Experienced  management  team  with  track  record  of  major  gold    discovery  and  mine  development.  

•  Strong  “in-­‐country”  working  rela=onship  created  through  sovereign  partnership  with  Guinean  government.

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Guinea – Investment Opportunity

MINERAL ENDOWMENT

•  Global leader in bauxite production

•  World class iron ore reserves including Rio Tinto “Simandou” project ready for production in 2015

•  Multi-million ounce gold deposits including AngloGold Ashanti “Siguri” mine (6 million oz. gold).

MINERAL OPPORTUNITY •  Favorable geological terrain for bauxite, iron

ore, gold, base metals and diamonds

•  Reformed mining code, regulatory regime and stable, democratic government with pro-development policies.  

Business Model & Exploration Strategy

•  Initial focus on gold in Guinea. Productive terrain yet under-explored.

•  Target gold mineralised systems with incompletely tested or unrecognized upside potential - MANDIANA-MAGANA PROJECT.

•  Reduce discovery cost and exploration risk by targeting known but untested gold systems indicated by artisanal mining activity.

•  Apply local knowledge for opportunity identification through experienced Guinean technical team and expatriate specialists with strong in-country backgrounds.

•  Competitive advantage through productive and cooperative partnership with Guinean state company SOGUIPAMI.

•  Maintain aggressive program of opportunity identification in Guinea and other African states.

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SMA Success Drivers

•  Strong Management - team with a track record of multi-million-ounce gold discoveries

•  Extensive Network – Board and local management have a broad network of Government and commercial contacts in Africa

•  Sovereign Partner - Government of Guinea is equity partner assisting in selection of properties and invaluable support of all kinds locally

•  Teamwork - Two senior Civil Servants in the Guinean Ministry of Mines (including Dr. Bangoura – mining advisor to the president of Guinea) are on the board of local subsidiary (Sovereign Mines of Guinea)

•  Expandable - Opportunity to replicate the Sovereign Partnership Model across sub-Saharan Africa and position SMA as an incubator of major gold development projects

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Gold Potential of Guinea West Africa - One of the fastest growing gold districts in the world

•  Siguiri basin is one of the World’s fastest growing and under-explored gold provinces

•  Extensive highly-prospective gold-bearing Birimian greenstone belts with major gold mines and undeveloped deposits

•  SMA’s focus is on areas of historic and current small-scale gold mining which have not been subject to modern exploration methods

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Mandiana-Magana Flagship Gold Project

•     Strategic  Loca?on  –  •     Produc=ve  Birimian  Terrain  of  Siguri  Basin  •     Proximity  to  Major  Gold  Deposits  •     Nearby  Avocet  Tri  K  Project  –  Feasibility  Stage  

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Mandiana-Magana: Flagship Project Major Gold System

•  Two major mineralised trends – Yagbelen and Woyondjan – 16km Strike.

•  New Trends at Namatou and Northeast Zones.

•  Gold mineralisation intersected below artisanal workings in all drilling to date.

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Mandiana-Magana: Flagship Project Initial Gold Resource – High Grade >1 gpt Au cut-off

•  Inferred Mineral Resource (high grade component):  5.7MT  @  2.3gpt  Gold  420,000  Ounces  Gold  

•  83%  of  Resources  or  350,000  ounces  at  Yagbelen.  

•  Resource  blocks  open  along  strike  and  at  depth.  

•  Resource  block  within  Weathered  and  Oxidised  Saprolite  above  150  metres.  

•  Untested  Zones  of  Ar=sanal  Works  and  Geochemical  Anomalies  occur  for  8km  through  Concession.  

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Mandiana-Magana: Flagship Project Total Initial Gold Resource >0.3gpt Au cut-off

•  Inferred Mineral Resource:  16MT  @  1.2gpt  Gold  610,000  Ounces  Gold  

•  84%  of  Resources  or  510,000  ounces  at  Yagbelen.  

•  Resource  blocks  open  along  strike  and  at  depth.  

•  Resource  block  within  Weathered  and  Oxidised  Saprolite  above  150  metres.  

•  Untested  Zones  of  Ar=sanal  Works  and  Geochemical  Anomalies  occur  for  8km  through  Concession.  

Resource Summary Tables

Deposit  Name   Tonnage  (Mt)  

Gold  Grade  (g/t)  

Gold  (ounces)  

Yagbelen   4.70   2.3   350,000  

Foulinibe   0.28   1.8   15,000  

Woyondjan   0.59   2.0   40,000  

Damantere   0.18   2.7   15,000  

Sub  Total   5.70   2.3   420,000  

Grade  Category   Tonnage  (Mt)  

Gold  Grade  (g/t)  

Gold  (ounces)  

High  Grade  >1g/t   5.7   2.3   420,000  

Low  Grade  0.3-­‐1.0g/t   10.3   0.6   190,000  

Total   16   1.2   610,000  

Table 2 High Grade component > 1g/t gold cut-off

Table 1 Inferred Mineral Resource >0.3g/t gold cut-off

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SRK: October 2013

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Mandiana-Magana – Yagbelen X-Section 10850N

Mandiana-Magana – Yagbelen X-Section 11250N

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Mandiana-Magana Woyondjan X-Section 10650N

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Mandiana-Magana Significant Mineralised Intersections

Pipeline – Compelling and substantial drill-target Dalagna Gold Project

•  Extension  Modern  Orpaillage  with  significant  historical  alluvial  resource  

•  Analysis  of  soil  sampling  has  iden=fied    geochemical  anomaly  over  3km  in  length  

•  Further  sampling  at  higher  density  to  reduce  size  of  target  for  ini=al  drilling  

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Primary  Gold  Prospect  1  on  Map  

Primary  Gold  Prospect  3  on  Map  

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Priority areas for Soil Sampling – results pending Marela Gold Project

•  Extensive  historic  and  current  alluvial  gold  ar=sanal  workings  

•  Very  limited  modern  explora=on  of  prospec=ve  Archean  greenstone  belts  for  primary  gold  sources  

•  Numerous  gold  anomalies,  with  values    up  to  12.7ppm  gold  iden=fied  in  stream  sediment  geochemical  surveys  undertaken  by  SMA  in  2012  

•  Follow-­‐up  prospec=ng,  mapping  and  soil  geochemical  surveys,  to  define  drill  targets,  in  progress  with  results  expected  in  H2  2013.    

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Sovereign Mines of Africa Group Structure

Sovereign Mines of Africa Plc

Guiord SA

Sovereign Mines of Africa Ltd.

Sovereign Mines of Guinea Ltd.

Republic of Guinea 40%

Local Investors 5.0%

John Barry Exploration Director

2.5%

100%

100%

52.5%

Shares in Issue: 236,358,850

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Summary

•  Sovereign Mines of Africa is a gold exploration and development company founded in 2010 to operate in Guinea through strategic partnership with the state mining group SOGUIPAMI.

•  SMA’s flagship project, MANDIANA-MAGANA, has reached resource stage with an initial inferred resource of 610,000 ounces gold at an average grade of 1.2gpt Au, including a higher grade resource of 420,000 ounces at an average grade of 2.3gpt Au, following only 15,593 metres of drilling. Deposits are open along strike and at depth.

•  Exceptional potential for additional discovery and resource development at MANDIANA-MAGANA within large areas of untested shallow artisanal mine workings.

•  Highly experienced management group with international and local “know how” and demonstrated record of gold discovery and mine development.

•  Active and aggressive program of opportunity identification and business development in Guinea and other African states.

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Board & Management

David Pearl (Chairman) : • Involved in all aspects of investment, fund management and corporate finance relating to smaller quoted companies.

• Formerly Executive Chairman of London Securities Plc from 1984-94, as well as Non-Exec Chairman of The Crown Suppliers and Deputy Chairman of Medway Ports Authority.

• Executive Chairman of Premier Asset Management Plc from 1995 to1997 and from 1994 to 2001 was a Non Executive Director of Stanley Plc

John Barry (Exploration Director) : • Over 20 years experience working on a range of gold and base metal deposits in Europe, Africa, Australia and Asia and has

discovered, sourced and supervised feasibility studies on multi-million ounce gold deposits in Ghana (Ahafo), Tanzania (Nyanzaga) and Mali (Yanfolila)

• CEO and President of Rathdowney Resources Ltd (TSX-V)

•  Non-Exec Chairman of AIM-listed Orogen Gold PLC which is exploring the Deli Jovan gold project in Serbia

Nathan Steinberg (Finance Director) : • Considerable public company experience in the mining sector.

• Member of the Council of the Institute of Chartered Accountants in England & Wales

• Former director of Longships PLC and former chairman of east west resources plc.

• Former Finance Director of Pan African Resources Plc as well as part of management team responsible for the reverse acquisition of the Barberton Mines located in South Africa in July 2007 which established Pan African as a gold producer

John Prochnau (NED) : • Mining engineer and geologist, with degrees from the University of Washington in Seattle, USA, and McGill University in Montreal,

Canada.

• Formerly held executive positions with Selection Trust Limited, London, where he was responsible for U.S. operations and Billiton International Metals of The Hague, The Netherlands

• Since 1984 he has operated as an international minerals consultant, managed a number of private and public companies and been responsible for gold and base metal discoveries and mine developments in North America, South America and Australia

• Co-founder with David Pearl of Brancote Holdings PLC, which discovered the Esquel Gold Deposits in Argentina and which was sold in 2002 for US$200 million

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Board & Management

Sherif Haidara (Group Vice President) : •  MBA in administration and has been CEO since 1998 of La Solutions Inc, which advises companies with business interests in

West Africa.

•  Formerly General manager of Societe d’Ingenierie de Financement pour l’Afroque from 1990 to 1994 and of Inversora merden Inc. from 1994 to 1996, responsible for negotiations to re-establish diplomatic relations between Israel and Senegal, Mautitania and Niger. From 1995 to 1997 he was Adviser to the President of Comore and from 1995 to 1998 Special Adviser to the president of Niger.

•  He has been a director of Pearl Capital Partners Limited since 2009.

Yury Deryugin (Chief Geologist) : •  Russian national, who first worked in Guinea between 1990 and 1993 as Chief Geologist of a Soviet Expedition assisting Guinea

in a geological mapping survey, which included prospect identification in the Dinguiraye and Kerouane areas.

•  Has also worked for a private equity backed Russia-Guinean company in the Bagui-Dinguiraye area between 1996-1997 where Sovereign Mines holds one of the Gold Concessions.

•  Was one of two senior Russian geologists working for Canadian-listed Moydow Mines who discovered the multi-million ounce E-Zone (Ntotoroso) gold deposit at Ahafo in Ghana which is now an integral part of the Ahafo Gold Mine and Newmont’s flagship gold mines in Africa

Abdoullaya Diallo (Chief Operating Officer, SMG) : •  Graduated from the University of Conakry in 1996 with a degree in mathematics.

•  He had been employed by SMG since 2009, first as Data and Concesison Manager and more recently as Managing Director. Prior to that he was a consultant to several companies in Guinea advising on logistics.

•  From 1998 – 2005 he was employed by World Education Guinea as Logistics Manager and from 1996 – 1997 he was secretary of Administration for Peace Corps Guinea.

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Website: www.sovmines.com    

David B Pearl FCA Chairman 00353 (0)696 8961 david.pearl@sovmines.com

John Barry Exploration Director 00353 (0)87 669 5608 john.barry@sovmines.com

Nathan Steinberg FCA Finance Director 0044 (0)207 2697680 nathan@munslows.co.uk