Company Information for Angus & Ross Plc

LSE-AGU

www.angusandross.com

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Company Statement

Angus & Ross plc is an exploration and mining company registered in the United Kingdom and listed on the AIM market of the London Stock Exchange. Its main properties are in Greenland, and it has further exploration interests in Brazil and Australia.

The Company's main focus is the Black Angel zinc/lead property in Western Greenland. The financing package for the project was approved by shareholders in July 2007 and the first production is expected in 2008. Black Angel was one of the richest zinc mines in the world in its time and closed down in 1990 after 17 years of continuous operation. Advances in mining technology and the steady rise in zinc prices makes us believe that this mine may be producing again very soon. Angus & Ross also holds 259 sq km of exploration ground around the mine.

Current Operations

Angus & Ross is currently involved in the following exploration projects:

Greenland:
The Black Angel project is the main focus of Angus & Ross plc. The objective of the project is to re-open the Black Angel zinc mine in West Greenland and to conduct extensive exploration of its 187 km2 licence area aimed at discovery of a significant zinc/lead orebody.

The Motzfeldt tantalum property is located in southern Greenland and it was the original exploration project undertaken by the Company in 2000 and covering licence 2000/5 of 414 km2 (Now reduced to 84 km2).

Brazil:
Angus & Ross plc started exploration in Brazil late in 2002, with the primary objective of smaller but low cost tantalum production. Later, gold was added as a target mineral. Currently A&R has 4 projects in Brazil, including one with near production potential. St Andrews Mining Ltd is A&R's wholly owned subsidiary dedicated to the development of the Brazilian operations. It is envisaged that it will eventually be self-financing.

Caiçara (Ta)
Bonfim South (Au)
Santa Cecília (Ta/Au)
Santa Débora (Au)

Australia:
Angus & Ross plc is a major shareholder of Queensland Gold & Minerals Ltd (QGM), which owns eight properties in Australia. QGM listed on Australian Stock Exchange (ASX) on 3rd January 2007. After this IPO Angus and Ross holds 28.2% of QGM's shares and is its largest shareholder.

The Rutherford’s Table
Grant’s Gully & Buchanan’s Creek
Top Camp
Warroo
Digger’s Creek
Malcolm Creek
Eveleigh
Werrington

Geographical Spread

Greenland - Brazil - Australia

Board of Directors and Key Management

Robin Andrews	(Executive Chairman)
Andrew Zemek	(Chief Operating Officer)
Paul Williams	(Finance Director & Company Secretary)
Richard Burt	(Operations Director, North & South America)
Dr Tom Elder	(Non-Executive Director)
Malcolm Swallow	(Non-Executive Director)
Christopher Robert Innis	(Non-Executive Director)

Company Address

St Chad's House, 59 Piercy End
Kirkbymoorside, North Yorkshire, United Kingdom YO62 6DQ


Telephone:	+44 1751 430 988
Facsimile:	+44 1751 430 991
Email:	robin_andrews[at]angusandross.com
Website:	http://www.angusandross.com

Additional Address/Key Contact

To contact our subsidiaries directly check their website for contact details:

Black Angel Mining Ltd
www.blackangelmining.com
(Black Angel Project, Greenland)

St Andrews Mining Ltd
www.standrewsmining.com
(all Brazilian projects)

Queensland Gold & Minerals Ltd
www.qgm.com.au
(all Australian projects)

Capital

Shares in issue at 30th June 2008: 212,016,203

Annual General Meeting

July

Year End

28 February

Nominated Brokers

Fox-Davies Capital Ltd
1st Floor, Whitefriars House
6 Carmelite St
London EC4Y 0BS
Tel+44-20-79365200

Nominated Advisors

Teathers Limited
Beaufort House,
15 St Botolph Street,
London, EC3A 7QR
Tel +44-20 7426 3202

Major Shareholders

RAB Capital	29.15%
Rathbone Fund Managers Ltd	3.08%
Directors	2.6%

Most Recent Statement

03/09/08 - 2007/08 Annual Report
29/08/08 - Angus & Ross announces results for period to end February 2008
30/06/08 - Directors' Dealings
27/06/08 - Angus & Ross Raises Total of £3.5 million
28/05/08 - MINING LICENCE AWARDED FOR THE BLACK ANGEL MINE
21/05/08 - SHORT TERM LOAN FROM CYRUS CAPITAL PARTNERS LP

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