TIDMAR.

RNS Number : 3139U

Archipelago Resources PLC

21 December 2011

21 December 2011

ARCHIPELAGO RESOURCES PLC

("Archipelago" or "the Company")

Exercise of Options

Archipelago has issued a total of 100,000 Ordinary Shares of 1 pence each ("Ordinary Shares") as a result of 100,000 options being exercised under the Company's 2002 Unapproved Executive Share Option Scheme at an exercise price of 3.9 pence per share.

Application has been made for these shares to be admitted to trading on AIM on 29 December 2011.

As a result of this share issue, the Company has in issue 571,897,635 Ordinary Shares, with voting rights.

   Further Info:           Marcus Engelbrecht, Managing Director, Archipelago Resources Plc. 
                                   Tel:          65 6535 3419 

Gerry Beaney / David Hignell, Grant Thornton Corporate Finance.

                                   Tel:          44 20 7383 5100 

Shaun Whyte, Ambrian Partners Ltd.

                                   Tel:          44 20 7634 4700 

Bobby Morse / James Strong, Buchanan.

                                   Tel:          44 20 7466 5000 

www.archipelagoresources.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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