Appointment of Joint Broker

15 November 2007 Angus & Ross plc (Angus & Ross or the Company) Appoints Fox- Davies Capital as Broker Angus & Ross (AIM:AGU), the AIM listed mining exploration company that owns the Black Angel zinc mine in Greenland that is scheduled to recommence production in 2008, is pleased to announce that it has appointed Fox-Davies Capital Limited (Fox-Davies) as Joint Broker to the Company alongside Landsbanki Securities (UK) the Company's NOMAD with immediate effect. Robin Andrews, Executive Chairman of Angus & Ross, said: We are delighted to announce the appointment of Fox-Davies to act as our joint Broker. Fox-Davies' research-driven platform, track record and experience in supporting junior resource companies in emerging markets is exactly what we were looking for in a broker. We look forward to working with Fox-Davies and Landsbanki in establishing a strong broking and advisory relationship that we believe will benefit all our shareholders. For further information please contact: Robin Andrews, Executive Chairman Angus & Ross Tel: +44 1751 430 988 Fred Walsh / Simon Robinson / Sebastian Jones Landsbanki Securities (UK) Tel: 02074269000 Richard Hail Fox-Davies Capital Tel: +44 (0) 20 7936 5200