Kalahari Minerals plc, the AIM listed resource company, today announces the exercise of 250,000 options into new ordinary shares of 1p each (‘Ordinary Shares’) in Kalahari (‘the New Ordinary Shares’).

Application has been made for the New Ordinary Shares to be admitted to trading on AIM, which is anticipated to occur on 20 June 2011.

For the purposes of the Financial Services Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue following admission of the New Ordinary Shares to trading on AIM will be 245,674,578, each carrying the right to one vote.

The above figure of 245,674,578 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Kalahari under the FSA’s Disclosure and Transparency Rules.

Enquiries:

T: +44 (0) 20 7236 1177

F: +44 (0) 20 7236 1188

Share PriceMid Price: 239.38p

Change: 5.38p(2.30% )

Bid: 238.75pAsk: 240.00p

Last Trade: 239.00p

Last Close: 234.00p

Kalahari Minerals plc trade on the LSE. (Symbol: KAH)