PERSEUS MINING LIMITED — Share Issue/Capital Change 2014

Feb 23, 2014

Level 2, 437 Roberts Road, Subiaco WA 6008, Australia Phone: +61 8 6144 1700 Fax: +61 8 6144 1799 PO Box 1578, Subiaco WA 6904, Australia Email: info@perseusmining.com www.perseusmining.com

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24 February 2014

The Manager ASX Ltd Level 4 20 Bridge Street Sydney, NSW 2000

Dear Sir

ISSUE OF SHARES

Perseus Mining Limited (ASX / TSX: PRU) has completed the issue of 68,694,313 fully paid ordinary shares as further detailed in the Appendix 3B released on the ASX on 21 February 2014 and Perseus Mining Limited gives notice that:

• it issued the securities without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (“Act”);

• this notice is being given under section 708A(5)(e) of the Act;

• as at today’s date, the Company has complied with:

  • (i) the provisions of Chapter 2M of the Act as they apply to the Company; and (ii) section 674 of the Act; and

• as at today’s date there is no other information that is excluded information which is required to be set out in this notice pursuant to section 708A(6)(e) of the Act.

Yours faithfully

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Martijn Bosboom Company Secretary

ABN: 27 106 808 986