Mr. Andrew Smith reports

EAST AFRICA METALS APPOINTS HEIN POULUS AS ADVISOR AND CLOSES FIRST TRANCHE PRIVATE PLACEMENT

East Africa Metals Inc. has appointed Hein Poulus as a special adviser to the company.

Mr. Poulus is the first name partner at prominent litigation boutique law firm Poulus Ensom Smith LLP. Prior to this, he was a partner, and the founder and head of the Vancouver litigation group, at national law firm Stikeman Elliott. He has been a King's Counsel since 2001. In the 1980s, Mr. Poulus interrupted his legal career to hold senior management positions with Kaiser Resources, the Denver Broncos and Southeastern Capital Corp., a U.S. private equity firm. Mr. Poulus holds an undergraduate degree in economics, a law degree from the University of British Columbia and an LLM from the London School of Economics. He has served on a number of corporate and non-profit boards.

The company is also pleased to announce the closing of the first tranche totalling $50,000 of a non-brokered private placement of common shares in the capital of the company for aggregate gross proceeds of up to $1-million. Pursuant to the private placement, the company will issue up to 10 million units at a price of 10 cents per unit for aggregate gross proceeds of $1-million, subject to approval of the TSX Venture Exchange. Each unit is composed of one common share and one share purchase warrant. Each warrant entitles the holder to acquire a common share at a price of 20 cents for a period of up to three years.

The company did not pay any commissions or finders' fees in connection with the first tranche. The company plans to use the proceeds from the first tranche and the private placement for general corporate and working capital purposes. All securities issued are subject to a four-month hold period from the date of issuance.

About East Africa Metals Inc.

The company's principal assets include a 30-per-cent net profit interest in the Mato Bula and Da Tambuk mines (collectively Adyabo property) and a 70-per-cent project interest in the Harvest polymetallic volcanogenic massive sulphide exploration project in the Tigray region of Ethiopia. In addition, the company has a 30-per-cent net streaming interest in the Magambazi mine in the Tanga region of Tanzania.

East Africa has invested $66.8-million (U.S.) in African exploration since 2005 and identified a total of 2.8 million ounces of gold and gold equivalent resources representing an average discovery cost per ounce of $24 (U.S.).

We seek Safe Harbor.