EGM Statement

Tertiary Minerals PLC 20 April 2005 Tertiary Minerals plc ('Tertiary Minerals' or 'the Company') The Company announces that its Extraordinary General Meeting was held this morning, at which the proposed special resolution below was passed. Special Resolution That the Directors of the Company be empowered, pursuant to Section 95 of the Companies Act 1985 ('the Act'), to allot equity securities (as defined in Section 94 (2) of the Act) for cash pursuant to the authority and for the purposes of Section 80 of the Act in accordance with an Ordinary Resolution passed on the 29th day of January 2004 as if sub-Section 89 (1) of the Act did not apply to any such allotment, such power being limited to: (i) the allotment of equity securities where such securities have been offered (whether by way of rights issue, open offer or otherwise) to holders of ordinary shares made in proportion (as nearly as may be) to their existing shareholdings of Ordinary shares, but subject to such exclusions and arrangements as the Directors may consider necessary or expedient to deal with fractional entitlements or any legal or practical problems under the laws of any overseas territory, the requirements of any regulatory authority or any stock exchange, or otherwise; and (ii) the allotment (otherwise than pursuant to sub-paragraph (i) above) of equity securities up to an aggregate nominal amount of £150,000 consisting of up to 15,000,000 Ordinary Shares of 1p each in the Company; such power to expire (unless previously revoked, varied or renewed) at the conclusion of the Annual General Meeting to be held in 2006 but so that the Company may, before such expiry, make an offer or agreement which would or might require equity securities to be allotted after such expiry, such power to be substitution for and to revoke all pre-existing such powers. This information is provided by RNS The company news service from the London Stock Exchange