An anonymous director reports

EASTSIBERIAN PLC (TSX NEX: ESB.H) REPORTS FINANCIAL RESULTS FOR THE YEAR ENDED MAY 31, 2014

EastSiberian PLC has released its audited financial results for the year ended May 31, 2014 (all amounts are in U.S. dollars). EastSiberian has filed its annual consolidated financial statements for the year ended May 31, 2014, and its management's discussion and analysis on SEDAR.

Selected financial information

The audited consolidated financial information of EastSiberian includes the corporation, its subsidiaries and its investments in equity-accounted investees. Selected financial information for the years ended May 31, 2014, and 2013, and as at May 31, 2014, and May 31, 2013, are set in the table and should be read in conjunction with EastSiberian's May 31, 2014, consolidated financial statements and MD&A.

                    SELECTED FINANCIAL INFORMATION
                           (In U.S. dollars)
                                                      Year ended May 31,
                                                       2014        2013

Net loss for the period                          $  215,013  $1,689,295
Net loss per share -- basic and diluted                0.04        0.34
Comprehensive loss for the period                   478,952   1,690,784
Cash flow provided from (used in) operations       (284,197) (2,151,926)
Cash flow from (used in) investing                        -   2,284,817
Cash flow from (used in) financing                        -     100,000
Foreign exchange gain (loss) on cash                 (1,750)      1,759
Increase (decrease) in cash and cash equivalents   (373,363)    232,892
Cash and cash equivalents                            48,009     423,122
Working capital (deficit)                        (1,132,837)   (753,885)
Total assets                                         96,007     543,985
Total liabilities                                 1,228,844   1,297,870
Shareholders' equity (deficit)                   (1,132,837)   (753,885)

EastSiberian reported a net loss for the year ended May 31, 2014, of $215,013 (four cents per share) compared with a net loss of $1,689,295 (34 cents per share) for the year ended May 31, 2013. The loss for the current period consisted of general and administrative expenses of $635,615, loss on equity-accounted investees of $89,166, foreign exchange loss of $21,602, gain on settlement of accrued liabilities of $238,296, gain on foreign exchange differences realized from other comprehensive income of $266,734, and other income of $26,340, whereas the loss for the year ended May 31, 2013, consisted of general and administrative expenses of $1,521,890, loss on equity-accounted investees of $199,762, and foreign exchange gain of $112,437.

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