Metals Exploration Disclaimer

ATTENTION:

This legal notice applies to the entire contents of the Website under the domain name www.metalsexploration.com ("Website") and to any correspondence by e-mail between us and you. Please read these terms carefully before using the Website. If you do not accept these terms, do not use the Website. This notice is issued by Metals Exploration PLC ("Company").

1. Introduction

1.1 By accessing any part of the Website, you shall be deemed to have accepted and agreed to this legal notice in full. If you do not accept this legal notice in full, you must leave the Website immediately.

1.2 The Company may revise this legal notice at any time by updating this posting. You should check the Website from time to time to review the then current legal notice, because it is binding on you. Certain provisions of this legal notice may be superseded by expressly designated legal notices or terms located on particular pages at the Website.

2. Licence

2.1 You are permitted to print and download extracts from the Website for information purposes only on the following basis:

(a) no documents or related graphics on the Website are modified in any way;

(b) no graphics on the Website are used separately from the corresponding text; and

(c) the Company`s copyright and trade mark notices and this permission notice appear in all copies.

2.2 Unless otherwise stated, the copyright and other intellectual property rights in all material on the Website (including without limitation photographs and graphical images) are owned by the Company or its licensors. For the purposes of this legal notice, any use of extracts from the Website other than in accordance with clause 2.1 for any purpose is prohibited. If you breach any of the terms in this legal notice, your permission to use the Website automatically terminates and you must immediately destroy any downloaded or printed extracts from the Website.

2.3 Subject to clause 2.1, no part of the Website may be reproduced or stored in any other website or included in any public or private electronic retrieval system or service without the Company`s prior written permission.

2.4 The Company is the owner or licensee of all intellectual property rights in the Website, and in the material published on it. Any rights not expressly granted in these terms are reserved.

3. Service access

3.1 While the Company endeavours to ensure that the Website is normally available 24 hours a day, the Company shall not be liable if for any reason the Website is unavailable at any time or for any period.

3.2 Access to the Website may be suspended temporarily and without notice in the case of system failure, maintenance or repair or for reasons beyond the Company`s control.

4. Investor Disclaimers

4.1 You certify that (a) you are not located in the United States of America and you are not a U.S. person (as such terms are defined in Regulation S under U.S. Securities Act of 1933 (as amended) (the "Securities Act")) and (b) you are not located in Canada, Australia, South Africa, New Zealand or Japan.

4.2 You acknowledge that nothing in this Website constitutes or forms part of any offer, or any solicitation of any offer, or any inducement, advertisement or promotion, in relation to (a) any securities, investments, products or services in any jurisdiction or (b) any prospective contract with the Company. The information provided and the fact of its distribution shall not form the basis of , or be relied upon in connection with, any contract, commitment or investment decision.

4.3 You acknowledge that any press announcements or other information made available by the Company in electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities in it anywhere in the world. Furthermore, you acknowledge that it does not constitute a recommendation by the Company or any other person to sell or buy securities in the Company. The website does not constitute an invitation or advice to underwrite, subscribe for, or otherwise acquire or dispose of, securities in the Company.

4.4 You acknowledge that any securities or related instruments of the Company discussed or referred to in the materials on the Website has not been and will not be registered under the Securities Act. Accordingly, any such securities may not be offered or sold in the United States or to U.S. persons (as such terms are defined in Regulation S under the Securities Act) unless such offer or sale is registered under the Securities Act or an exemption from registration is available.

4.5 You acknowledge that the past performance of the Company referred to on the Website, and information in these materials about the price at which securities in the Company have been bought or sold in the past, and the yield on such securities, cannot be relied upon as a guide to its future performance. The price of shares can go down as well as up and investors may not recover the amount originally invested.

5. Disclaimer

5.1 While the Company endeavours to ensure that the information on the Website is correct, the Company does not warrant the accuracy and completeness of the material on the Website. The Company may make changes to the material on the Website, at any time without notice. The material on the Website may be out of date, and the Company makes no commitment and disclaims any duty to update such material.

5.2 The material on the Website is provided "as is", without any conditions, warranties or other terms of any kind. Accordingly, to the maximum extent permitted by law, the Company provides you with access to the Website on the basis that the Company excludes all representations, warranties, conditions and other terms (including, without limitation, the conditions implied by law of satisfactory quality, fitness for purpose and the use of reasonable care and skill) which, but for this legal notice, might have effect in relation to the Website.

5.3 The Company is not responsible for the content of any other website from which you have accessed the Website or to which you may hyperlink from the Website and cannot be held liable for any loss or damage you incur as a result of your use of any other site from which you hyperlink to or from the Website.

5.4 The content and information provided by third parties other than the Company is identified clearly where it appears. The Company publishes this information as supplied to it and is not responsible for its accuracy or timeliness. You must take appropriate steps to verify this information before acting upon it.

5.5 You agree, as a user of this site, to indemnify, defend and hold the Company harmless from any liability, loss, claim and expense including legal fees related to your breach of this agreement or use of the Website.

5.6 All responsibility or liability for any damages caused by viruses contained within the electronic files or at the site is disclaimed.

6. Liability

6.1 To the maximum extent permitted by law, the Company, any other party (whether or not involved in creating, producing, maintaining or delivering the Website), and any of the Company`s group companies and the officers, directors, employees, shareholders or agents of any of them, exclude all liability and responsibility for any amount or kind of loss or damage that may result to you or a third party (including without limitation, any direct, indirect, punitive or consequential loss or damages, or any loss of income, profits, goodwill, data, contracts, use of money, or loss or damages arising from or connected in any way to business interruption, and whether in tort (including without limitation negligence), contract or otherwise) in connection with the Website in any way or in connection with the use, inability to use or the results of use of the Website, any websites linked to the Website or the material on such websites, including but not limited to loss or damage due to viruses that may infect your computer equipment, software, data or other property on account of your access to, use of, or browsing the Website or your downloading of any material from the Website or any websites linked to the Website.

6.2 If your use of material on the Website results in the need for servicing, repair or correction of equipment, software or data, you assume all costs thereof.

7. Governing law and jurisdiction

This legal notice shall be governed by and construed in accordance with English law. Disputes arising in connection with this legal notice shall be subject to the exclusive jurisdiction of the English courts.