CORPORATE INFO

PRESS RELEASES

Investors, please note: Ridgeback Global Resources PLC is not and has never been, a shareholder or partner, of PANDA MARINE Mining and Exploration Limited. Any enquiry regarding this can be directed to info@pandamarine.co.za .

Investoren, bitte beachten Sie: Ridgeback Global Resources PLC ist nicht und war nie ein Aktionär oder Gesellschafter, der PANDA MARINE Mining and Exploration Limited. Jede Anfrage, die diese können info@pandamarine.co.za gerichtet werden

______________________________________________________________________

PANDA MARINE Mining and Exploration Limited

CORPORATE HEADQUARTERS

PUBLIC AND CORPORATE AFFAIRS

PANDA MARINE ENDS RELATIONSHIP WITH RIDGEBACK

PANDA MARINE ENDE BEZIEHUNG MIT RIDGEBACK

PANDA MARINE Mining and Exploration Limited (PANDA MARINE) wishes to inform all affected parties that it has no further business with Ridgeback Global Resources PLC (Ridgeback).

Western Cape, South Africa, Saturday 06 August 2011

The directors of PANDA MARINE Mining and Exploration Limited (PANDA MARINE) today stated that after numerous promises by Ridgeback Global Resources PLC (Ridgeback) it failed to provide proof of funds in order to revitalize the Option Agreement that lapsed on the 31 December 2010. The Option held by Ridgeback Global Resources PLC (Ridgeback) was to obtain a 34.9% equity holding in PANDA MARINE for an investment amount of $4 362 500 US. Ridgeback used this Option Agreement extensively during its road show and exhibition to investors during 2010.

The directors of PANDA MARINE would like to state that no further relationship exists between PANDA MARINE and Ridgeback. It further would like to state that Ridgeback, nor any of its directors, has ever been a shareholder of PANDA MARINE.

Mr.Kobus Pansegrouw, the CEO of PANDA MARINE, reiterated that it is disappointing that the agreement with Ridgeback again failed to materialise as this could have been a very beneficial arrangement for both parties. However, PANDA MARINE has continued to evolve and during difficult times managed to attract sufficient investments from private investors to achieve its goals. This is testimony to the interest in marine mining and PANDA MARINE business model. It might also be an indication of investor’s preference to invest directly with the producer, rather than a resources holding company. PANDA MARINE will continue following this workable funding model until it is appropriate to consider an Initial Public Offering (IPO).

Ridgeback Global Resources Plc is publicly trading on the German Open Market, based in Frankfurt, under the ticker symbol RDM (WKN: A1CTMK).

PANDA MARINE Mining and Exploration Limited, is a marine diamond mining company operating on the South African West Coast and the owners of Mineral Rights and Intellectual Property relating to submersible robotics and equipment for the harvesting of marine diamonds.

Recent exploration efforts discovered what is suspected to be an ancient river channel passing below the coastline and heading seawards where it narrows into a deep gully. Phenomena such as this is caused by historic west ward flowing river drainage systems, now submerged under 30 meters of water and the ideal entrapment point for diamond deposits. PANDA MARINE’s exploration vessel is currently focusing on this high potential area.

For more about PANDA MARINE visit www.pandamarine.co.za

__________________________________________________

PANDA MARINE Mining and Exploration Limited

CORPORATE HEADQUARTERS

PUBLIC AND CORPORATE AFFAIRS

RIDGEBACK - PANDA MARINE AGREEMENT UNDER REVIEW

PANDA MARINE Mining and Exploration Limited (PANDA MARINE) wishes to inform all effected parties that the Option held by Ridgeback Global Resources PLC (Ridgeback) that entitled Ridgeback to a 34.9% equity holding in PANDA MARINE is currently being renegotiated.

Johannesburg, South Africa, Thursday 21 April 2011

The directors of PANDA MARINE Mining and Exploration Limited (PANDA MARINE) today stated that the lapsed Option held by Ridgeback Global Resources PLC (Ridgeback) to obtain 34.9% equity holding in PANDA MARINE is currently being renegotiated.

Mr.Kobus Pansegrouw, the CEO of PANDA MARINE, stated that the two companies have managed to come to terms regarding the way forward and that both parties have expressed the desire to enable a positive outcome. The anticipated agreement will be in the best interest of both companies, giving Ridgeback a position in Marine Mining and PANDA MARINE exposure to the international capital markets.

Ridgeback Global Resources Plc is publicly trading on the German Open Market, based in Frankfurt, under the ticker symbol RDM (WKN: A1CTMK).

___________________________________________________________________________

PANDA MARINE Mining and Exploration Limited

CORPORATE HEADQUARTERS

PUBLIC AND CORPORATE AFFAIRS

RIDGEBACK OPTION AGREEMENT WITH PANDA MARINE LAPSES.

Johannesburg, South Africa, Thursday 3 March 2011

The directors of PANDA MARINE Mining and Exploration Limited (PANDA MARINE) today stated that the Option held by Ridgeback Global Resources PLC (Ridgeback) to obtain 34.9% equity holding in PANDA MARINE has now lapsed after Ridgeback failed to raise capital.

The directors of PANDA MARINE would like to state that no further relationship exists between PANDA MARINE and Ridgeback.

Mr.Kobus Pansegrouw, the CEO of PANDA MARINE, reiterated that it is disappointing that the agreement with Ridgeback did not materialise as this would have given PANDA MARINE exposure to the international capital markets. However, this development opens the opportunity for other investors. He further stated that neither he nor any of PANDA MARINE’s management has a relationship, officially or privately, with Ridgeback.

Ridgeback Global Resources Plc is publicly trading on the German Open Market, based in Frankfurt, under the ticker symbol RDM (WKN: A1CTMK).