February 14, 2013 02:00 ET

"Avoca" Licences awarded to IMC

                                                                                     14 February 2013
                                         IMC Exploration Group Plc
                                         ("IMC" or the "Company")
                                      "Avoca" Licences awarded to IMC
The  directors  of  IMC  Exploration Group Plc are delighted to announce that  IMC  has  been  awarded  two
additional prospecting licences, PL Area 3849 and PL Area 3850 (both in Co. Wicklow) by the Exploration and
Mining  Division  of the Department of Communications, Energy and Natural Resources.  These  licence  areas
include  the  historic  Avoca  mine and are close to where IMC had its recent  significant  gold  discovery
yielding  354g/t gold (=11.38oz/t gold).  IMC now holds four contiguous exploration licence  areas  in  Co.

Dr Glenn Millar, Managing Director of IMC, commented

"In keeping with IMC's strategy to build a world class gold resource, these new additional licences, along
with our recent gold find, give IMC the capacity to immediately accelerate our exploration programme in
this area."

The Directors of the company accept responsibility for the contents of this announcement.

For further information please contact:

IMC Exploration Group Plc
Mr. Liam McGrattan
Investor Relations
Tel. Ireland: +353 87 2745427

Dr. Glenn Millar
Managing Director
Tel. Ireland: +353 86 1714790

Mr. Hugh Gibney
Executive Chairman
Tel. Ireland: +353 1 823 0510

LHM Casey McGrath
Mr. Con Casey
Tel. Ireland: +353 1 495 9200

Kathryn Byrne
Limelight Communications
Tel. Ireland: +353 85 2336033

Contact Information