LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR -- (MARKET WIRE) -- 04/02/12

Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') announces that 100,000 stock options have been granted to Mr Stanley Neamonitis, Non-executive Director of the Company. The options are exercisable at a price of $0.53 CDN vesting on 23 March 2012. The total number of ordinary shares over which Mr. Neamonitis holds options following this notification is 100,000.

Mr. Neamonitis has many years of experience in the marketing of base metal concentrates and will be assisting the Company in the administration of the off-take agreement with Transamine Trading for the copper/gold concentrates to be produced over the next six years from the Ming Copper-Gold mine through the Nugget Pond mill.

ABOUT RAMBLER METALS AND MINING

Rambler Metals and Mining plc is a Junior Mining Company that has 100% ownership of the Ming Copper-Gold Mine in Baie Verte, Newfoundland and Labrador, Canada. As a producing gold and copper miner, our objective is to become a mid-tier mining company by continuing the development of the Ming Mine, discovering new deposits and through mergers and acquisitions.

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Rambler Metals and Mining
George Ogilvie, P.Eng.
President and CEO
709-800-1929 or 709-800-1921

Rambler Metals & Mining Plc.
Corporate Office
+44 (0) 20 8652-2700
+44 (0) 20 8652-2719 (FAX)
www.ramblermines.com

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