Update on investment in Libero Copper & Gold Corp

Anglo Asian Mining PLC ("Anglo Asian" or the "Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, announces that Michael Sununu, Non-Executive Director of the Company has resigned from the Board of Libero Copper & Gold Corporation ("Libero"). This follows Anglo Asian's holding in Libero falling to 5.7 per cent., lower than the 9.9 per cent. threshold that entitles the Company to maintain a Director on the Board of Libero. Anglo Asian's holding in Libero has reduced as it has not participated in several recent rounds of financing.