TIDMAR.

RNS Number : 3347V

Archipelago Resources PLC

11 January 2012

11 January 2012

ARCHIPELAGO RESOURCES PLC

("Archipelago" or "the Company")

Exercise of Options

Archipelago has issued a total of 300,000 Ordinary Shares of 1 pence each ("Ordinary Shares") as a result of 100,000 and 200,000 options being exercised under the Company's 2002 Unapproved Executive Share Option Scheme at an exercise price of 3.9 pence per share and 21.1 pence per share, respectively.

Application has been made for these shares to be admitted to trading on AIM on 17 January 2012.

As a result of this share issue, the Company has in issue 572,497,635 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

Klara Kaczmarek, 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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