THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Macarthur Minerals Limited (TSX:MMS)(OTCQX:MMSDF) (the "Company" or "Macarthur")
is pleased to announce that Institutional Shareholder Services ("ISS") and Glass
Lewis & Co. ("Glass Lewis") have both issued reports recommending to their
respective institutional clients that they vote in favour of all proposed items
put forward at the Company's Annual General Meeting ("AGM") on August 29, 2012.


Both ISS and Glass Lewis are independent proxy advisory firms who, among other
services, provide proxy voting recommendations to pension funds, investment
managers, mutual funds and other institutional shareholders.


A copy of the Glass Lewis and ISS reports can be found on the Company's website:
http://macarthurminerals.com/investors/annual-meeting-materials.


Registered Macarthur shareholders, entitled to vote, are reminded that the proxy
voting deadline for the AGM is 10:00 a.m. (Australian Eastern Standard Time) on
Tuesday, August 28, 2012 or Monday, August 27, 2012 at 5:00 p.m. (Pacific
Daylight Time). Non-registered beneficial shareholders should carefully follow
the instructions provided by their intermediary, including applicable deadlines,
to ensure their vote is counted.


If you have any queries on how to cast your votes then call Mr. David Taplin on
Australia local (07) 3221 1796 or international telephone +61 7 3221 1796 during
Australian business hours or Macarthur's shareholder communications agent,
Laurel Hill Advisory Group, by email at assistance@laurelhill.com or by
telephone at 1-877-304-0211 (toll free within Canada or the U.S.) or + 1
416-304-0211 (for collect calls outside Canada and the U.S.).


ABOUT MACARTHUR MINERALS LIMITED (TSX:MMS)(OTCQX:MMSDF)

Macarthur Minerals Limited is an Australian-based resource development company
currently focused on developing its Ularring Hematite Project, located in the
Yilgarn iron ore district in Western Australia. The Ularring Hematite Project is
located 110 km from rail infrastructure with a direct connection to the iron ore
exporting Port of Esperance, Western Australia.


The Ularring Hematite Project has an indicated Mineral Resource of 54.46 Mt at
47.2% Fe (including a probable Mineral Reserve of 42.95 Mt at 47% Fe) and an
inferred Mineral Resource of 25.99 Mt at 45.4% Fe (press release dated June 14,
2012; NI 43-101 Technical Report dated June 29, 2012). In addition, Macarthur's
Moonshine Magnetite Project has an inferred Mineral Resource of 1.3 Bt at 30.1%
Fe (press release dated December 15, 2010; NI 43-101 Technical Report dated
March 25, 2011).


A Positive Preliminary Feasibility Study was released to the market on the
Ularring Hematite Project in August 2012 (press release dated August 16, 2012;
Technical Report to be filed by September 30, 2012). A Positive Preliminary
Economic Assessment on the Moonshine Magnetite Project was released in February
2011 (press release dated February 7, 2011, Technical Report dated March 25
2011).


On behalf of the Board of Directors,

MACARTHUR MINERALS LIMITED

Alan Phillips, President, Chairman & CEO

Caution Regarding Forward-Looking Statements

Certain of the statements made and information contained in this press release
may constitute forward-looking information and forward-looking statements
(collectively, "forward-looking statements") within the meaning of applicable
securities laws. The forward-looking statements in this press release reflect
the current expectations, assumptions or beliefs of the Company based upon
information currently available to the Company. With respect to forward-looking
statements contained in this press release, assumptions have been made
regarding, among other things, the reliability of information prepared and/or
published by third parties that are referenced in this press release or was
otherwise relied upon by the Company in preparing this press release. Although
the Company believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance and no assurance can be given that these
expectations will prove to be correct as actual results or developments may
differ materially from those projected in the forward-looking statements.
Factors that could cause actual results to differ materially from those in
forward-looking statements include unforeseen technology changes that results in
a reduction in iron or magnetite demand or substitution by other metals or
materials, the discovery of new large low cost deposits of iron magnetite and
the general level of global economic activity. Readers are cautioned not to
place undue reliance on forward-looking statements due to the inherent
uncertainty thereof. Such statements relate to future events and expectations
and, as such, involve known and unknown risks and uncertainties. The
forward-looking statements contained in this press release are made as of the
date of this press release and except as may otherwise be required pursuant to
applicable laws, the Company does not assume any obligation to update or revise
these forward-looking statements, whether as a result of new information, future
events or otherwise.
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