Serabi Gold plc : Directorate change


For immediate release
23 December 2013
Serabi Gold Plc
("Serabi" or the "Company")
Directorate Change

Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold exploration and development company, announces the resignation of Mr Christopher Kingsman as a non-executive Director of the Company with immediate effect.

Mr Kingsman commented that "the Company's fundamental prospects are now the best since becoming involved in 2009.  This is a good opportunity to step down and dedicate more time to my other ventures.  I am very grateful to have had the opportunity to serve on the Board."

Mr Sean Harvey, the Chairman of Serabi, said; "Mr. Kingsman has been instrumental in the development of the Company during some of its most difficult times and the board greatly appreciates his contribution as a director of Serabi. We all wish him well in his endeavours."

Enquiries:

Serabi Gold plc
Michael HodgsonTel: +44 (0)20 7246 6830
Chief ExecutiveMobile: +44 (0)7799 473621
Clive LineTel: +44 (0)20 7246 6830
Finance DirectorMobile: +44 (0)7710 151692
Email: contact@serabigold.com
Website:  www.serabigold.com
Beaumont Cornish Limited
Nominated Adviser
Roland CornishTel: +44 (0)20 7628 3396
Michael CornishTel: +44 (0)20 7628 3396
Peel Hunt LLP
Broker
Matthew ArmittTel: +44 (0)20 7418 9000
Ross AllisterTel: +44 (0)20 7418 9000
Blythe Weigh Communications Ltd
Public Relations
Tim BlytheTel: +44 (0)20 7138 3204
Mobile: +44 7816 924626
Halimah HussainTel: +44 (0)20 7138 3203
Mobile: +44 7725 978141

Copies of this release are available from the Company's website at www.serabigold.com.

Neither the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this news release.

ENDS