9th November 2012

                                   Colombian Mineral Resources Plc
                                                  
                                 Rescheduling of Exploration Program

The  Board  of  Colombian Mineral Resources Plc ("CMR" or the "Company") would like to announce  that
given  the  partial  failure  in the placing of the Company's shares as  announced  on  the  28th  of
September  2012  the  planned  exploration program referred to in the  admission  document  has  been
temporarily  rescheduled. CMR is concentrating all its efforts to stabilize its  financial  situation
and to allow it to continue with its planned operational and financial activities.

Mr. Boris Cordovez, Chief Executive Officer of CMR commented, "CMR is dedicating all its resources to
securing  additional  working  capital for the company, in  order  for  it  to  meet  its  goals  and
objectives,  and to develop the Company into the type of progressive coal exploration and  production
company envisaged at the time of our introduction to the market. We have a great team, great projects
and  we  are  working firmly together to turn around the company. I thank all involved,  particularly
investors, members of the team at CMR and our advisers for their continuing support and understanding
and we are determined to get back on track at the earliest possible time".

The Directors of the Company accept responsibility for the announcement.

ENQUIRIES:

Colombian Mineral Resources Plc
Tel: +34 648820093
Carlos Augusto Pena - Chairman
carlos.pena@cmrcolombia.com

LHM Casey McGrath
Tel: +353 1 495 9200
Con Casey
con.casey@lhmcaseymcgrath.ie