OPERATI G COSTS F CUS

30 August 2013

Australian and Burkina Faso Cost Management Measures

As foreshadowed at Ampella Mining Limited's (ASX: AMX) (Ampella) Annual General meeting in May
2013 and, being conscious that the mining industry, and, in particular the gold sector, is currently experiencing difficult economic conditions, the Ampella Board has implemented austerity measures with a view to preserving its treasury through what may be an extended period of time during which it remains challenging to raise appropriate project funding.

Cost Saving

In light
of current
circumstances, the Ampella Board of Directors has implemented numerous
strategies to substantially reduce operating costs. These reductions have been seriously considered and include: