16 May 2012

                                          Teknomining PLC
                                 ("Teknomining" or the "Company")

                            Statement regarding PLUS Markets Group plc

The  Directors of the Company note the announcement made by PLUS Markets Group plc on 14 May  2012
regarding the orderly closure of the PLUS-quoted market over a period of up to six months.

The  Company is conscious of the advantages of retaining a market listing and is working with  its
Corporate Adviser, LHM Casey McGrath, to consider the most cost effective options available to the
Company. A further announcement will be made when appropriate.

The Company accepts responsibility for the contents of this announcement.

For further information please contact:


Teknomining Plc
Michael Holden, Managing Director
Mob: Ireland: +353 87 249 10 22
Mob: Turkey: +90 533 241 55 50
Email: Teknomining@gmail.com
Website: www.teknomining.com

LHM Casey McGrath
Con Casey, Corporate Adviser
Phone: +353 1 495 9200
Email: Con.casey@lhmcaseymcgrath.ie