EGM Statement

Tertiary Minerals PLC
20 April 2005


                             Tertiary Minerals plc

                     ('Tertiary Minerals' or 'the Company')

The Company announces that its Extraordinary General Meeting was held this
morning, at which the proposed special resolution below was passed.

Special Resolution

That the Directors of the Company be empowered, pursuant to Section 95 of the
Companies Act 1985 ('the Act'), to allot equity securities (as defined in
Section 94 (2) of the Act) for cash pursuant to the authority and for the
purposes of Section 80 of the Act in accordance with an Ordinary Resolution
passed on the 29th day of January 2004 as if sub-Section 89 (1) of the Act did
not apply to any such allotment, such power being limited to:
          
     (i)  the allotment of equity securities where such securities have been          
          offered (whether by way of rights issue, open offer or otherwise) to 
          holders of ordinary shares made in proportion (as nearly as may be) to 
          their existing shareholdings of Ordinary shares, but subject to such 
          exclusions and arrangements as the Directors may consider necessary or 
          expedient to deal with fractional entitlements or any legal or 
          practical problems under the laws of any overseas territory, the 
          requirements of any regulatory authority or any stock exchange, or 
          otherwise; and
          
     (ii) the allotment (otherwise than pursuant to sub-paragraph (i) above) of
          equity securities up to an aggregate nominal amount of £150,000 
          consisting of up to 15,000,000 Ordinary Shares of 1p each in the 
          Company;

such power to expire (unless previously revoked, varied or renewed) at the
conclusion of the Annual General Meeting to be held in 2006 but so that the
Company may, before such expiry, make an offer or agreement which would or might
require equity securities to be allotted after such expiry, such power to be
substitution for and to revoke all pre-existing such powers.


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