Disclaimer

As a condition of using the Minerva Resources web site (the 'site'), both now and on each future occasion that you access any information provided on or via the site, you agree, as follows:

The below referenced terms and conditions ('terms') govern any use of the site. By using the site you agree to comply with and be bound by these terms. Minerva Resources plc may at any time without prior notice to you and without affecting any accrued rights or liabilities change any of the terms and consequently the terms should be reviewed each time you access the site. It is strongly recommended that you take the time to read through the terms.

TERMS AND CONDITIONS

General Disclaimer

This site is the official web site of Minerva Resources plc. The information provided on this site ('information') is provided solely for your general knowledge. The information is not intended to be a comprehensive review of all matters and developments concerning Minerva Resources plc. Minerva Resources plc has taken all reasonable care in producing and publishing information contained on this site and will continue to do so. Minerva Resources plc, however, gives no warranty and makes no representation regarding the, validity, accuracy, completeness or reliability of any claims, statements or information on the site or their value to any person which is used entirely at your own risk.

Minerva Resources plc will not be liable for any losses incurred by you in the event that any part of the information proves inaccurate or is not provided on a timely basis, whether such losses arise as a consequence of you taking any investment decision based on the information or otherwise. Material on this site may contain technical or other inaccuracies, omissions, or typographical errors, for which Minerva Resources plc assumes no responsibility. Minerva Resources plc may change the contents of the site without prior notice at any time.

You expressly agree that Minerva Resources plc shall not be liable for any losses, expenses or damages that you may suffer by reason of your using this site, including indirect, special or consequential damages and any loss of profit or other economic loss, loss of opportunity or information arising from the use of or reliance on Information contained on this site, from any inaccuracy or omission in the information or any failure to keep the information current; from use of any third party websites linked to this site, from any internet software used in connection with this site or computer viruses or from other destructive programs encountered as a result of using this site or any other matter connected with the site even if Minerva Resources plc is made aware of the possibility of such claims, or potential damages or losses.

You are permitted to access the site and to download, print and use the information solely for your own legitimate, non-commercial purposes. The information does not constitute investment advice and should not be used as the basis for investment decisions.

This site and the information contained herein do not constitute an offer or the solicitation of an offer for purchase of any securities of Minerva Resources plc. The information on this site is not intended in any way to qualify, modify or supplement any prospectus or other information disclosed under the corporate and securities legislation of any jurisdiction applicable to Minerva Resources plc.

1. Forward-looking statements

Some of the information in this site may constitute forward-looking statements. This site may contain forward looking statements concerning Minerva Resources plc's plans, its projects and exploration. Statements concerning reserves may also be deemed to constitute forward looking statements to the extent that such statements reflect the conclusion that any deposit may be economically exploitable. Any statements that express or involve discussions with respect to predictions, expectations, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as 'expects' or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate', 'plans', 'believes', 'estimates' or 'intends', or stating that certain actions, events or results 'may', 'could', 'continue', 'would' or 'will' be take, occur or be achieved) are not statements of historical fact and may be 'forward looking statements'.

These statements should be read carefully as they discuss unquantified future expectations or contain projections of future results of operations or of financial condition, which Minerva Resources plc is not able to predict accurately or over which it has no control. Forward looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward looking statements, including, without limitation, risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits, results of initial feasibility, prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with Minerva Resources plc's expectations, due to recovery, accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in production, the potential for delays in exploration or development activities or the completion of feasibility studies, political risks involving operations in Kyrgyzstan and the policies of other nations towards companies doing business in this region, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, failure to obtain adequate financing on a timely basis and other risks and uncertainties.

Statements concerning mineral reserves and mineral resource estimates may also be deemed to constitute forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if any property is developed, and in case of reserves, such statements reflect the conclusion, based on certain assumptions, that mineral deposits may be economically exploitable. You are cautioned against attributing undue certainty to forward-looking statements.

2. Site contents, intellectual property rights/copyright

The Site is owned and operated by Minerva Resources plc and all material on the site is protected by copyright. Unless otherwise stated, this site and everything you see on it, including, but not limited to, all information, illustrations, designs, icons, data, text, files, images, photographs, video clips and written and other materials (collectively, the 'contents') are copyrighted material. Except where otherwise noted, all contents, trademarks and logos displayed on this web site belong to Minerva Resources plc (©Minerva Resources plc. All rights reserved. 2007) and may not be used save as specifically otherwise specified on this site without Minerva Resources plc's written permission. Such permission may be obtained in limited circumstances by contacting mmj@minervaresources.com.

You may download or copy the information and other downloadable materials displayed on or through the site for your own personal, educational or non-commercial use only, provided that this material is not modified and that copyright or trademark notices are not deleted. Any other use of this material without Minerva Resources plc's written permission is prohibited. You agree that no right, title or interest in any downloaded materials will be transferred to you as a result of any such downloading or copying. You may not reproduce (except as provided above), publish, transmit, distribute, display, modify, create derivative works from, sell or participate in the sale of (whether directly or indirectly), or exploit in any way, in whole or in part, any of the information or the site. Modification of the information or use of the information for any purposes other than your personal use is a violation of Minerva Resources plc's copyright and proprietary rights and is not permitted.

3. Third party websites

The site contains links to facilitate your access to third party web sites. You access such web sites at your own risk. Minerva Resources plc does not control any third party web site and is not responsible for the contents of any linked web site or any link contained within a linked web site. Minerva Resources plc is providing such a link to you only as a convenience and the inclusion of any link does not imply endorsement, investigation or verification by Minerva Resources plc of the linked web site or information contained therein. Nor will Minerva Resources plc have any liability in connection with any such website including (but not limited to) liability arising out of any allegation that the content of any such web site infringes any law or the rights of any person or entity. By using such links and accessing such other web sites you are deemed to have left the site. Linked web sites will likely have their own terms and conditions, which it is recommended that you review before using such sites.

4. Share prices

All share price quotes available through the site are provided by servers maintained by individuals or organisations other than Minerva Resources plc and are not provided on a real time basis. Minerva Resources plc makes no representation or warranty regarding the accuracy, timeliness, suitability or any other aspect of the information located on such servers and neither monitors or endorses such servers or their content.

5. Forum discussion

Minerva Resources plc accepts no liability for participation by you in any forum discussion or the contents of any such forum discussion. The opinions stated in such forum discussions are the opinions of the participants and are not to be construed as a statement, view or opinion of Minerva Resources plc.

6. Viruses

Minerva Resources plc assumes no responsibility or liability for any damage from viruses, worms or similar programs that may affect your computer equipment or other property in connection with your access to and/or use of this site or your downloading any of the Information contained on the site.

7. Indemnification

You agree to indemnify and hold Minerva Resources plc, its suppliers, affiliates, associates and related companies harmless from and against any and all manner of suits, proceedings, damages, claims, demands, costs, expenses, judgments and liabilities of whatsoever kind arising from your use of the site and the information on it.

8. Disclosure of misuse

If you are aware of any use of the site or the information which is in contravention of the terms and conditions herein provided, you agree to give immediate notice to Minerva Resources plc of such misuse.

9. Waiver

Any failure to insist upon or enforce strict performance of any provision of these terms and conditions will not be construed as a waiver of any provision or rights contained in these terms. Furthermore, the waiver by Minerva Resources plc of any breach by you of any provision of these terms will not operate or be construed as a waiver of any subsequent breach of that provision or any other provision.