Minemakers Limited: Request for Extension of Voluntary Suspension

TORONTO, ONTARIO -- (Marketwire) -- 10/03/12 -- Minemakers Limited (TSX: MAK)(ASX: MAK)(NAMIBIAN: MMS) (Minemakers) refers to its voluntary suspension extension request, dated 1 October 2012.

Minemakers request that its securities remain in voluntary suspension pending an announcement regarding a potential material asset disposal involving the Company.

Minemakers is not aware of any reason why the voluntary suspension should not be granted.

Minemakers is not aware of any other information required to inform the market about the voluntary suspension.

Cliff Lawrenson           Andrew Drummond
Managing Director         Executive Chairman

ABN 48 116 296 541

Contacts:

SHAREHOLDER INFORMATION LINE

Australian callers:

1300 667 838


For international callers:

+61 2 8022 7902


Minemakers Limited

+61 8 9264 7000

+61 8 9264 7099 (FAX)
www.minemakers.com.au