21 May 2012

Vatukoula Gold Mines plc

("Vatukoula" or "the Company")

Directors Dealings

Vatukoula Gold Mines plc today announces that David Karl Paxton, CEO, has on the 21 May 2011 acquired 40,000 ordinary shares in Vatukoula ("Ordinary Shares") at £0.47 each. Following this transaction David Karl Paxton holds 175,000 Ordinary Shares, representing approximately 0.18% of the issued share capital of the Company and holds options over 1,000,000 Ordinary Shares, representing approximately 1.03% of the issued share capital of the Company.

In addition, Kiran Caldas Morzaria, Finance Director, on the 21 May 2012 acquired 6,340 Ordinary Shares at £0.47 each. Following this transaction, Kiran Caldas Morzaria holds 47,280 Ordinary Shares, representing approximately 0.05% of the issued share capital of the Company and holds options over 700,000 Ordinary Shares, representing approximately 0.72% of the issued share capital of the Company.

Enquiries:

Vatukoula Gold Mines plc                                + 44 (0)20 7440 0643

David Paxton           

Kiran Morzaria

W.H. Ireland Limited                                       + 44 (0)20 7220 1666

James Joyce            

Canaccord Genuity Limited                            + 44 (0)20 7523 8350

John Prior

Sebastian Jones

Joe Weaving

Pelham Bell Pottinger                                     + 44 (0)20 7861 3232 

Charles Vivian         

Philippe Polman