TIDMAR.

RNS Number : 8330P

Archipelago Resources PLC

31 October 2012

31 October 2012

ARCHIPELAGO RESOURCES PLC

("Archipelago" or "the Company")

Exercise of Options

Archipelago has issued a total of 150,000 Ordinary Shares of 1 pence each ("Ordinary Shares") as a result of 150,000 options being exercised under the Company's 2002 Unapproved Executive Share Option Scheme at an exercise price of 38.5 pence per share.

Application has been made for these shares to be admitted to trading on AIM on 6 November 2012.

As a result of this share issue, the Company has in issue 574,732,635 Ordinary Shares, with voting rights.

Further Info: Matthew Salthouse, VP Investor Relations & Corporate Affairs, Archipelago Resources plc.

                                   Tel:          65 6535 3419

Gerry Beaney / David Hignell, Grant Thornton Corporate Finance.

                                   Tel:          44 20 7383 5100

Rob Collins / Andrew Chubb, Canaccord Genuity Limited.

                                   Tel:          44 (0) 20 7523 8000

Michael Rawlinson / Christopher Kololian, Liberum Capital Limited.

                                   Tel:          44 (0) 20 3100 2000

Bobby Morse / James Strong, Buchanan.

                                   Tel:          44 20 7466 5000

www.archipelagoresources.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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