<!--FIRST IMAGE PLACEHOLDER -->LONDON, UNITED KINGDOM -- (MARKET WIRE) -- 05/15/12

Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM)-

For filings with the FSA include the annex                                  
For filings with issuer exclude the annex                                   
                                                                            
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                           
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1. Identity of the issuer or the                                            
underlying issuer of existing shares to        Rambler Metals and Mining PLC
which voting rights are attached: (ii)                                      
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2. Reason for the notification (please tick the appropriate box or boxes):  
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An acquisition or disposal of voting                                        
rights                                                    x                 
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An acquisition or disposal of qualifying                                    
financial instruments which may result                                      
in the acquisition of shares already                                        
issued to which voting rights are                                           
attached                                                                    
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An acquisition or disposal of                                               
instruments with similar economic effect                                    
to qualifying financial instruments                                         
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An event changing the breakdown of                                          
voting rights                                                               
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Other (please specify):                                                     
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3. Full name of person(s) subject to the                                    
notification obligation: (iii)                      Tinma International Ltd.
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4. Full name of shareholder(s)                                              
 (if different from 3.):(iv)                                            N.A.
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5. Date of the transaction and date on                                      
which the threshold is crossed or                                14 May 2012
reached: (v)                                                                
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6. Date on which issuer notified:                                15 May 2012
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7. Threshold(s) that is/are crossed or                                      
reached: (vi, vii)                                                       11%
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8. Notified details:                                                        
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A: Voting rights attached to shares(viii, ix)                               
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Class/                                                                      
type                                                                        
of                                                                          
shares                                                                      
                                                                            
if                                                                          
possible                                                                    
using    Situation previous                                                 
the ISIN to the triggering     Resulting situation after the triggering     
CODE     transaction           transaction                                  
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                    Number                Number                            
         Number     of         Number     of                % of            
         of         Voting     of         voting            voting          
         Shares     Rights     shares     rights            rights(x)       
                               ---------------------------------------------
                                          Direct    Indirect                
                               Direct     (xi)      (xii)   Direct  Indirect
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Ordinary 13,813,980 13,813,980 14,918,980 14,918,980        11.03           
                                                                            
                                                                            
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B: Qualifying Financial Instruments                                         
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Resulting situation after the triggering transaction                        
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Type of                                             Number of voting        
financial                                           rights that may         
instrument                             Exer-        be                      
                                       cise/        acquired if the         
                    Expir-            Conver-       instrument is   % of    
                    ation               sion        exercised/      voting  
                    date (xiii)     Period (xiv)    converted.      rights  
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C: Financial Instruments with similar economic effect to Qualifying         
Financial Instruments (xv, xvi)                                             
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Resulting situation after the triggering transaction                        
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                                  Exer-                                     
                                  cise/      Number of                      
                       Expir-     Conver-    voting             % of        
Type of                ation      sion       rights            voting       
financial   Exercise   date       period     instrument        rights       
instrument  price      (xvii)     (xviii)    refers to        (xix, xx)     
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                                                        Nominal   Delta     
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Total (A+B+C)                                                               
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Number of voting rights                      Percentage of voting rights    
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14,918,980                                   11.03                          
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9. Chain of controlled undertakings through which the voting rights and/or  
the financial instruments are effectively held, if applicable: (xxi)        
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                                                                        N.A.
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Proxy Voting:                                                               
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10. Name of the proxy holder:                                               
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11. Number of voting rights proxy holder will cease to hold:                
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12. Date on which proxy holder will cease to hold voting rights:            
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13. Additional information:                                                 
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14. Contact name:                                          Gowlings (UK) LLP
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15. Contact telephone number:                                  0203 004 3500
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Contacts:
Gowlings (UK) LLP
0203 004 3500