Mr. Joao Manuel reports

PETAQUILLA MINERALS LTD. COMMENCES MINE ACCESS RAMP CONSTRUCTION AT ITS LOMERO-POYATOS PROJECT

Petaquilla Minerals Ltd. and its wholly owned subsidiary, Petaquilla Espana SL, have commenced construction of a mine access ramp at the Lomero-Poyatos project in the Andalusia region of Spain. The ramp will initially be used for bulk sampling, resource expansion through drilling and infill drilling.

Since completing the titling process for its Lomero-Poyatos project on Nov. 14, 2012, Petaquilla has also:

• Engaged in a drilling campaign of over 20,000 metres;
• Completed a twin drill program to upgrade the existing National Instrument 43-101 resource estimate from inferred mineral resources to a measured and indicated basis;
• Prepared for dewatering the mine, including conditioning the 300-metre-deep Renato Tap;
• Advanced toward a NI 43-101-compliant feasibility study through resource upgrade work, environmental impact study, mine plan and all other requirements;
• Constructed a project office building;
• Improved project internal roads, infrastructure and communications channels;
• Adopted personal protection measures in preparation for the initiation of mining activities;
• Implemented key environmental protection measures, including the protection of native flora and fauna.

The start of ramp construction initiates the development of the third mining project, and the second in the province of Huelva, in the Andalusia region in the 21st Century, and the first gold project centuries after the first gold mining occurred in the Andalusian pyrite belt. When Petaquilla acquired the Lomero-Poyatos project, a former sulphide (pyrite) mine, in 2011, the mine had been inactive for approximately 20 years, and the company plans to restart mining.

The Lomero-Poyatos project, a polymetallic massive sulphide deposit with an NI 43-101 inferred mineral resource estimate of 6.07 million tonnes averaging 4.25 grams per tonne of gold, 88.74 g/t of silver, containing 830,000 ounces Au (please refer to the company's news release of May 25, 2012, for inferred mineral resource estimate details), comprises 13 concessions totalling 176 hectares.