Kalahari Minerals plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration

12 June 2008

Kalahari Minerals plc ("Kalahari" or "the Group")

AGM Statement

Kalahari Minerals plc, the AIM listed mining exploration group with a portfolio of copper, base metal and uranium interests in Namibia, held its Annual General Meeting yesterday at which all resolutions put to the meeting were duly passed.  

Further to the announcement of 19 May 2008 with regards to Peter McIntyre resigning from the Board, Resolution 4 to re-elect Mr. McIntyre as a director was withdrawn and was not put to the meeting.  

Mark Hohnen, Chairman, said, "We are delighted with Kalahari's progress as it strengthens its position as a key copper, base metal and uranium focused company in Namibia. Drilling results to date have given the Board great confidence in historic resources and we continue to ramp up our various drilling programmes across our portfolio. With £12m in the bank we are in a prime position to accelerate these projects as they develop as well as assisting Extract Resources with its exciting uranium project.

"On behalf of the Board I would like to thank Peter for his valuable help in building the Company and his integral role in introducing the Namibian assets to Kalahari. Moving forward, we look forward to working with him in his capacity as MD of Extract Resources, which continues to go from strength to strength."

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For further information please visit www.kalahari-minerals.com or contact:

Notes

Kalahari Minerals Plc is an AIM listed mining and exploration group with a portfolio of copper and base metal prospects within western and eastern central Namibia. Two of the project areas, Dordabis and Witvlei, are prospective for sediment hosted copper mineralisation consistent with the world class Zambian Copper Belt. A third project, Ubib, is prospective for gold mineralisation and is nearby the operating Navachab gold mine.

The Company also has a 90 per cent. interest in the highly prospective Namib Lead Zinc Project centred on the old Namib Lead Mine, which was an underground operation from 1965 - 1992. Previous mine studies (non JORC compliant) indicate surface tails and underground mining reserves of 1.65 million tonnes at 5.7 per cent. zinc, 1.6 per cent. lead and 40.2 g/t silver. Kalahari aims to take the project to bankable feasibility study stage with a view to re-commencing mining operations in the short term.

Additionally, the Company holds a 39.11 per cent. interest in ASX listed Extract Resources Limited, which is focused on uranium exploration. Its key project is the Husab uranium project in Namibia where results from an ongoing drilling programme reinforce the Company's belief that the area has a strong potential to host an economic uranium deposit.

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