Sovereign Mines of AfricaA small company with a big idea

“A ground breaking Public-Private Partnershipheralding a new era in gold exploration,

ore-finding and mine developmentin sub-Saharan Africa.”

Forward-looking Statements

Statements in this presentation that relate to expectations, beliefs, forecasts, objectives, assumptions and future events or performance do not constitute historical facts but are rather considered to be forward-looking statements. Such statements generally contain terms including, but not limited to, “believes”, “does”, “expects”, “anticipates”, “estimates”, “forecasts”, “intends” and “plans”, as well as the use of the conditional tense. For instance, statements regarding financial condition, probable or expected future results of operation, growth prospects, management’s plans and objectives, the market for our common shares or the future management and corporate structure are all forward-looking statements.

There can be no assurance that such statements will prove to be accurate. Such statements are subject to known and unknown risks, uncertainties and assumptions that could influence actual achievements and render them different from the expectations described or implied by forward-looking statements regarding results, activities, return or achievements.

Sovereign Mines of Africa

SMA At A Glance

• Listing: PLUS

• Ticker: SVGP

• Recent Share Price: 9.75p

• Shares outstanding & fully diluted : 139,702,183

• Market Capitalization: £13.6m

• Cash: £1m

• 52 week low-high: 2.5p – 9.75p

• Share Ownership: Insiders hold 46.89%

Sovereign Mines of Africa

SMA Group Structure

Sovereign Mines of Africa

Sovereign Mines of Africa Plc

Sovereign Mines of Africa Limited

Sovereign Mines of Guinea

Limited

Guiord SA

100%

50%

100%

Local Investors

John Barry

Exploration Director

OGM

7.5%

2.5%

40%

West Africa – Major Gold Deposits

Sovereign Mines of Africa

SMG Projects Location Map

G U I N E A

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Mandiana-Magana Gold Exploration Permit Area

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Mandiana –MaganaSmall-scale mining camp - +3,000 pits

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Mandiana Gold-mining camp Preliminary Structural Interpretation

Sovereign Mines of Africa

Why Invest in SMA?

• Highly experienced (grey-hairs) geological team with a strong track record of mult-million-ounce gold discoveries.

• SMA non-executive Director has extensive network of Government contacts throughout Africa.

• Highly Prospective portfolio of gold properties in Guinea.

• Reproducing the PPP strategy across Africa and positioning SMA as an incubator of major gold development projects and producing gold mines.

Sovereign Mines of Africa

Discovery Development Production

“Excitement” “Investment Analysis” “Real Results”

VALUE

TIME

GREATEST

VALUE

ADDED

THROUGH

E&D

POSITIVE

FEASIBILITY

FINANCING & START-UP

CONSTRUCTION PROBLEMS

The E & D

Business

The Mining

Business LONG TERM

VALUE ADDED

Sovereign Mines of Africa

SMA Value Growth Propositionleveraged on early-stage discovery –

Maiden Drilling on Mandiana Planned for Q1, 2011

Mandiana-MaganaExploration Plan and Budget

• First pass sampling of ore from pits within four separate small-scale mining areas within the camp-Objective: qualitative early indication of distribution of gold mineralization and potential grade ranges – before locating initial drill holes

• 3,000 metres of Reverse-Circulation Drilling drilling (25 drill-holes)-Early “thin-slice” indication of the sub-surface extent and width and grade of each of four small-scale mining prospects.

Sovereign Mines of Africa

Conclusions

• SMA is a “minnow” focused on gold discovery in Africa:

• People - Highly experienced exploration management which has seen a lot of rocks and with track record of major gold discoveries discovery

• Project – Mandiana-Magana is within a world-class gold district and the property covers a major gold mineralising system with over 3,000 artisanal pits and has NEVER been drilled.

Sovereign Mines of Africa