Temporary Suspension

China Nonferrous Gold

29/07/2013 09:53

Temporary Suspension

      Kryso Resources

      29 July 2013

      Kryso Resources Plc

      (??Kryso? or the ??Company?)

      AIM: KYS

      TEMPORARY SUSPENSION OF TRADING ON AIM

      Kryso Resources Plc (AIM: KYS), the mineral exploration and development       company currently developing the Pakrut gold project in the Republic of       Tajikistan (??Existing Kryso?), announces that trading of the Company??s       shares on AIM is to be suspended from 7.00 a.m. on 30 July 2013, pending       the Court??s sanction of the proposed scheme of arrangement between       Existing Kryso and its shareholders under Part 26 of the Companies Act       2006, and the Court??s confirmation of the associated reduction of       capital.

      Capitalised terms used but not defined in this announcement have the       meaning given to them in the circular despatched to shareholders of       Existing Kryso on 8 May 2013.

      It is expected that the Court??s sanction of the Scheme and confirmation       of the Reduction of Capital will occur on 30 July 2013 and that       cancellation of Existing Kryso Ordinary Shares from AIM, the admission       of New Kryso Ordinary Shares to AIM, the crediting of New Kryso Ordinary       Shares in uncertificated form to CREST accounts (in the form of       Depositary Interests) and the commencement of dealings in New Kryso       Ordinary Shares on AIM will each occur on 31 July 2013.

      For further information please visit the Company??s website (www.kryso.com)       or contact:

      Kryso Resources Plc
Craig Brown, Managing Director
Tel: +44       (0) 20 7349 9160

      Investec Bank Plc
Jeremy Ellis, Chris Sim, George Price
Tel:       +44 (0)20 7597 5970

      XCAP Securities Plc
Jon Belliss, Guy Peters
Tel: +44 (0) 207       101 7070

      Blythe Weigh Communications
Paul Weigh, Tim Blythe, Halimah Hussain
Tel:       +44 (0)20 7138 3204

      About the Pakrut Gold Project

      The Pakrut gold project, of which Kryso has 100% ownership, is situated       in Tajikistan approximately 12km northeast of the capital city Dushanbe.       Pakrut has estimated total JORC compliant resources of 4,720,000 oz Au       (assuming a cut-off grade of 0.5 g/t Au) and is located within the Tien       Shan gold belt, which extends from Uzbekistan into Tajikistan,       Kyrgyzstan and western China, and which hosts a number of multi-million       ounce gold deposits.

      About Tajikistan

      Tajikistan is a secular republic located in Central Asia. The country is       a member of the Commonwealth of Independent States and the Shanghai       Cooperation Organisation. Tajikistan hosts numerous operating precious       metal mines as well as the largest aluminium smelter in Central Asia.       Kryso's management team has extensive experience in the mining industry       in Tajikistan.