Central Asian Minerals and Resources PLC
LSE : CMRP

October 01, 2010 11:00 ET

Director's Shareholding and Notification of Substantial Shareholding

                                                                                                 1 October 2010
                                                                                                   IM00B61FM981
                                                                                                               
                                   Central Asian Minerals and Resources PLC
                                          ("CAMAR" or the "Company")
                                                       
                     Director's Shareholding and Notification of Substantial Shareholding

CAMAR has been notified that Thomas Marti, a Director of the Company, acquired 29,091 ordinary shares of no par
value in the Company ("ordinary shares") at a price of 55p per share in the recent subscription. As a result of
this  acquisition,  Mr. Marti is beneficially interested in 29,091 ordinary shares and  the  Directors  of  the
Company  are  together  interested in a total of 280,762 ordinary shares, representing  6.7  per  cent  of  the
Company's issued share capital.

The  Company  has  also  been  notified that, following the acquisition  of  900,000  ordinary  shares  in  the
subscription, The Timeless Precious Metal Fund SICAV PLC ("Timeless") is now interested in a total of 1,650,000
ordinary  shares, representing 39.4 per cent of the Company's issued share capital. Peter Zihlmann, who  has  a
beneficial interest in 166,667 ordinary shares, is also deemed to be interested in the shares held by  Timeless
as  he  holds  all  the  voting shares in Timeless and is a shareholder and manager of P.  Zihlmann  Investment
Management AG, which is the investment manager of Timeless. Mr. Zihlmann is therefore interested in a total  of
1,816,667 ordinary shares, representing 43.4 per cent of the Company's issued share capital.

The  issued  share capital of the Company is 4,188,087 ordinary shares. This figure may be used by shareholders
as  the  denominator  for the calculations by which they will determine if they are required  to  notify  their
interest in, or a change to their interest in, CAMAR under the FSA's Disclosure and Transparency Rules.

The Directors of CAMAR are responsible for the contents of this announcement.

Enquiries:

Central Asian Minerals and Resources PLC                                          01624 679 000
Christine Melian or John Leech

St Helens Capital Partners LLP                                                    020 7368 6959
Mark Anwyl or Duncan Vasey







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