KIW Kiwara

RNS Number:7170Q
Kiwara PLC
25 March 2008



                                                                   25 March 2008

                                   KIWARA PLC



                                ISSUE OF SHARES

          Placing raises �710,000 to accelerate exploration programme



Kiwara plc (the "Company"), the AIM-listed mineral resources company, has raised
a total of �710,000 by way of a Placing to new and existing investors of
3,550,000 new ordinary shares of one pence each ("Ordinary Shares") at an issue
price of 20p per Ordinary Share.

The capital raised will provide the Company with additional funds to accelerate
the exploration of its nickel/copper/cobalt/Uranium projects in Zambia.

Application has been made for the admission of the new Ordinary Shares to
trading on AIM and dealings are expected to commence on 31 March 2008.

Geiger Counter Limited subscribed for 2,500,000 Ordinary Shares as part of the
above Placing and has notified the Company that it currently has an interest in
14,057,500 Ordinary Shares representing 8.76% of the issued share capital of the
Company.  The total number of Kiwara Ordinary 1p shares outstanding following
this placing is 160,485,010.



Enquiries:



Kiwara plc

Colin Bird, Chairman                               +44 (0) 20 7581 4477

Investec Bank (UK) Limited
Gerard Kisbey-Green / Jan Bosch                    +44 (0) 20 7597 5000

Bishopsgate Communications Ltd                     +44 (0) 20 7562 3366
Nick Rome


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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