28/9/2012
                                                                         GB00B0GQJ825/GBP/PLUS-exn
                                                                                                  
                                       Equity Resources plc
                                          (the "Company")
                                                 
                              Exercise of options and issue of shares

The Company announces that each of the three directors of the Company have exercised share options
at a price of 0.5 pence with new ordinary shares issued as follows:

                                        New shares     Total shares                 % held
                                        now issued     now held
Simon McNeill-Ritchie                    500,000        4,500,000                    8.38%
Arif Virani                              500,000          500,000                    0.93%
John Watkins                             700,000          825,000                    1.54%
Total                                  1,700,000

The total enlarged share capital in issue is now 53,675,000 ordinary shares.

The Directors of Equity Resources plc are responsible for the contents of this announcement.

ENQUIRIES:
                                       
                                       
Equity Resources plc                   Tel: 01483 771992
John Watkins, Chairman                 Email:  john@equityresources.co.uk
                                       
St Helens Capital Partners LLP         Tel:  020 7368 6959
Corporate Adviser                      Email: duncanvasey@sthcp.com
Duncan Vasey                           


END