Company Information for Kryso Resources Plc

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Company Statement

Kryso Resources plc is an AIM-listed mineral exploration and development company focused on projects in Tajikistan.

Kryso’s primary goal is to bring the Pakrut gold project, of which it has 100% ownership, into production. An internal prefeasibility study has been completed for the Pakrut project, with highly positive results, and a bankable feasibility study is currently underway with completion targeted for early 2010.

Total JORC Code-compliant resources of 2,830,104oz Au, assuming a 0.5g/t cut-off grade, have been defined at the Pakrut gold project. The Pakrut deposit remains open and is expected to yield further JORC Code-compliant resources over time.

The reserves of the Pakrut project, which total 1,257,454oz Au at a cut off grade of 0.5g/t (under the Russian classification system), were approved by the State Committee for Reserves (GKZ) of the Republic of Tajikistan on 15 December 2008. This approval gives Kryso the exclusive right to a full mining licence valid for 20 years.

Current Operations

Pakrut Gold Project
LLC Pakrut, a wholly owned subsidiary of Kryso, was granted an exploration and trial mining licence over the Pakrut Licence Area, which comprises the Pakrut and Eastern Pakrut gold deposits and a surrounding 6,300 hectare exploration area containing a number of other deposits and mineral occurrences, in April 2004. This licence is valid until 1 April 2014.

The reserves of the Pakrut project under the Russian classification system were approved by the State Committee for Reserves (GKZ) of the Republic of Tajikistan on 15 December 2008. This approval gives Kryso the exclusive right to a full mining licence valid for 20 years.

A bankable feasibility study on a mining operation at Pakrut deposit is targeted for completion in early 2010, a positive pre-feasibility study has been completed and the results of exploration and resource development drilling by Kryso have been highly encouraging.

Internal Prefeasibility Study Highlights

• Post-tax NPV and IRR of US$115m and 67% respectively (10% discount rate)
• Start-up capital requirement of US$65m
• Average cash cost of US$291/oz Au
• Average production of 100,000 oz Au per annum
• Minimum mine life of 6 years, processing 1,460,000t of ore per annum
• Combined open pit and underground operation

Hukas Ni-Cu-Co-PGM Project
The Hukas Ni-Cu-Co-PGM project is contained with Kryso’s Gishun Licence Area, which is located in central Tajikistan approximately 325km from the capital city Dushanbe. Kryso was granted a seven year exploration licence over the Gishun Licence Area in June 2006, and has 100% ownership of the licence.

At Hukas an exposed, partially oxidized, lens-like body of sulphide mineralization was identified as early as 1932, although it was not until the 1960s that further indications of nickel, copper and cobalt mineralization were discovered in the area.
Operating cash flow before tax of US$345m

Geographical Spread

Tajikstan

Board of Directors and Key Management

Directors
Dr. Trevor Davenport	Non-Executive Chairman
Craig Brown	Finance Director
Abuali Ismatov	Executive Director
Andrew F de P Malim	Non-Executive Director
Ferdinand Dippenaar	Non-Executive Director
Steven James Poulton	Non-Executive Director
Senior Management
Andre Gaton	Chief Operating Officer
Ismoil Safarov	General Manager
Mirahmad Umarov	Chief Geologist
Graeme Noble	Drilling & Maintenance Manager

Company Address Unit 3H Cooper House, 2 Michael Road London, United Kingdom SW6 2AD Telephone: +44 (0) 20 7371 0600 Email: info[at]kryso.com Website: http://www.kryso.com

Capital Total number of Kryso Resources plc shares in issue: 159,635,697* Fully diluted: 221,550,084* Percentage of shares not in public hands: 32% (approx.)

Nominated Brokers Whitefriars House 6 Carmelite Street London EC4Y 0BS Orbis Equity Partners London 2 Mill Street London W1S 2AT

Nominated Advisors Astaire Securities plc 30 Old Broad Street London EC2N 1HT

Major Shareholders

Anson Registrars Limited (ALTUS Resource Capital)	6.34
Barclayshare Nominees Limited	4.15
Great Basin Gold Limited	15.28
(inc. N5C Resources Inc.)	2.15
Hargreaves Lansdown (Nominees) Limited	3.42
HSBC Global Custody Nominee (UK) Limited	6.74
HSDL Nominees Limited	3.12
K.B. (C.I.) Nominees Limited	3.63
L R Nominees Limited	3.16
Pershing Nominees Limited	4.65
Rock (Nominees) Limited	4.75

Related News

29/07/10 - Kryso Secures Heavyweight Chinese Backing For The Development Of The Three Million Ounce Pakrut Gold Deposit In Tajikistan
07/07/10 - Kryso Resources Must Know That Its Days As An Independent Company Are Drawing To A Close
22/10/09 - Kryso’s Feasibility Study On The Two Million Ounce Pakrut Property Is Nearly Finished: Next Stop Financing

Most Recent Statement

05/08/10 - Directorate Change
28/07/10 - Proposed Issue of Equity and potential project finance
28/06/10 - Total JORC Resources at Pakrut increased
25/06/10 - Update as to Exclusivity Period
21/05/10 - Directorate Change
20/04/10 - Further Excellent Drill Intersections from Pakrut