Exercise of Options

22 June 2011

                               KEFI Minerals Plc                               
                      ("KEFI Minerals" or the "Company")                       

                              EXERCISE OF OPTIONS                              

KEFI Minerals announces that it yesterday received notice that an employee of
the Company has exercised options over 500,000 ordinary shares of 1 pence each
in the capital of the Company ("Ordinary Shares").

Application has been made to admit 500,000 new Ordinary Shares to trading on
AIM, and dealings in the Ordinary Shares is expected to commence on 27 June
2011.  

Following the issue of the Ordinary Shares pursuant to the exercise of options,
the Company will have 364,979,689 Ordinary Shares in issue.

Enquiries:

KEFI Minerals                      www.kefi-minerals.com
Jeffrey Rayner                       [phone]

Fox-Davies Capital
Simon Leathers                       [phone]

Bishopsgate Communications           
Michael Kinirons                     [phone]