Mwana Africa PLC - Result of AGM.

(From AFX CNF)

RNS Number:8140K Mwana Africa PLC 20 October 2006 Mwana Africa plc RESULTS OF ANNUAL GENERAL MEETING London, 20th October 2006 - Mwana Africa plc ("Mwana" or the "Company") held its Annual General Meeting earlier today. All of the resolutions put to the meeting were passed with the exception of the reappointment of Hank Slack as a director, who has resigned as a Non Executive Director of the Company. The resolutions include one authorising the Company to purchase up to a maximum of 26,203,565 Ordinary Shares, representing aproximately 10 per cent. of the current issued and committed share capital. Oliver Baring, Executive Chairman of Mwana, also provided an update to shareholders on the latest developments with the Company. Highlights from the update today include: aWork has begun at Kibolwe in the DRC that is expected to rapidly lead to a JORC compliant resource and facilitate Mwana having a copper production facility in operation there during 2008. aDrilling along the indicated 5 km long mineralised gold zone at the Zani Kodo gold property in the DRC will be possible by the beginning of next year. …