International Mining & Infra Corp PLC : AGM Statement

For immediate release 15 January 2013 INTERNATIONAL MINING & INFRASTRUCTURE CORPORATION PLC

("IMIC" or "the Company")

AGM Statement International Mining & Infrastructure Corporation plc (AIM: IMIC), the company focused on unlocking the value of African iron ore through infrastructure development and strategic investments in junior miners, will hold its Annual General Meeting in London later this morning. At the meeting, Haresh Kanabar, IMIC's Chairman, will make the following statement:

"We are continuing to make good progress in the delivery of our strategy to unlock the value of iron ore in West and Central Africa.
"We were pleased to note the announcement by Afferro Mining (TSX-V / AIM: AFF) regarding expiration of its exclusivity period with a potential offeror as of 14 January 2013, and welcome the opportunity to commence formal discussions and due diligence in connection with the potential acquisition of the entire share capital of Afferro Mining.
"As part of plans to strengthen our Board, we have been seeking to recruit a CEO for IMIC. I am pleased to report that we are now moving close to the appointment of a highly experienced individual with a relevant track record in the mining industry and in African development. We will also consider further Board appointments to ensure we have the depth and breadth of experience to achieve our objectives.
"We look forward to the current financial year with confidence."

For further information, please contact:

International Mining and Infrastructure Corporation plc www.imicplc.com
Haresh Kanabar, Chairman James Ward, Finance Director David Navas, Investor Relations
[phone]
WH Ireland Limited - Nominated Adviser www.wh-ireland.co.uk
Mike Coe
Marc Davies
[phone]
Buchanan www.buchanan.uk.com
Mark Court / Fiona Henson / Sophie Cowles [phone]