Mr. Robert Archer reports

GREAT PANTHER SILVER PROVIDES PERMITTING UPDATE FOR NEW TAILINGS STORAGE FACILITY AT TOPIA

To the best of Great Panther Silver Ltd.'s knowledge, Great Panther has fulfilled the outstanding condition required by Semarnat (the Mexican environmental permitting agency) in connection with the phase 2 tailings storage facility (TSF) at its Topia mine. The company has resubmitted the permit application and expects a response within 60 business days. This form of federal regulatory response is standard procedure in the environmental permitting process.

"We are pleased with the progress on the permitting process at Topia, and we will continue working closely with the Mexican authorities to obtain this permit in a timely manner," stated Robert Archer, president and chief executive officer. "During the response period, we plan to continue normal operations at Topia using the existing phase 1 TSF."

The company believes that it will be able to obtain this permit without interruption of operations, but advises that the deposition of dry tailings on the phase 1 TSF cannot continue indefinitely and the company cannot assure avoidance of a disruption. In the event there is a change to the company's production guidance and cost expectations, a timely update will be provided to the market.

About Great Panther Silver Ltd.

Great Panther is a primary silver mining and exploration company listed on the Toronto Stock Exchange trading under the symbol GPR and on the NYSE MKT under the symbol GPL. Great Panther's current activities are focused on the mining of precious metals from its two wholly owned operating mines in Mexico: the Guanajuato mine complex, which includes the San Ignacio mine; and the Topia mine in Durango. With the recent completion of the acquisition of the Coricancha mine complex in Peru, the company's activities will include efforts to return the Coricancha mine to production, and the pursuit of additional mining opportunities in the Americas.

We seek Safe Harbor.