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ASX ANNOUNCEMENT 23 April 2012 (33 pages by email) PRESENTATION TO INVESTORS I attach a PowerPoint presentation which is currently being delivered to investors by Mr Julian Ford as part of a European

1 ASX ANNOUNCEMENT 23 April 2012 (33 pages by ) PRESENTATION TO INVESTORS I attach a PowerPoint presentation which is currently being delivered to investors by Mr Julian Ford as part of a European roadshow. For further information please contact: Julian Ford Richard Edwards Melanie Gray Stokes Chief Executive Officer Company Secretary Investor Relations Sumatra Copper & Gold plc Sumatra Copper & Gold plc Walbrook IR Yours faithfully Richard Edwards Company Secretary pjn6669 SUMATRA COPPER & GOLD plc ABN Level 2, 66 Hunter Street, Sydney NSW 2000 Australia P F E info@sumatracoppergold.com W Registered in England and Wales Registered Number Registered address: 39 Parkside, Cambridge CB1 1PN United Kingdom

2 INDONESIA S EMERGING GOLD PRODUCER April 2012 European Roadshow

3 Disclaimer This document is prepared as a presenter s aid and support. It is not a stand alone document. Best efforts have been taken to ensure the accuracy of information contained at the time of presentation. In some instances forward targets and/or assumptions have been included. All such instances are indicative only and subject to alteration and/or cancellation as and when the management of Sumatra Copper & Gold plc sees fit. All information contained herein is general in nature. Potential investors are cautioned against using the content of this presentation in isolation for making investment decisions. Research and the counsel of a qualified financial adviser or accountant are strongly recommended to anyone considering investing in listed company securities, including Sumatra Copper & Gold plc. The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Matthew Farmer, geologist, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr. Farmer is an employee of the Company who has sufficient experience which is relevant to the styles of mineralization and types of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Farmer has consented to the inclusion in this document of the matters based on his information in the form and context in which they appear. Competent Person s Statement Open Pit and Underground Ore Reserves The information in this report that relates to Open Pit and Underground Ore Reserves is based on information compiled by Mr Shane McLeay of Entech Pty Ltd, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr McLeay has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr McLeay consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. Gold Equivalent reporting Gold Equivalent = gold assay + (silver assay / 50) where the number 50 represents the ratio where 50 g/t Ag = 1 g/t Au. This ratio was calculated from the average of the 12 months of Financial Year 2011 from July 2010 to June 2011 taken from published World Bank Commodity Price Data and rounded up from 47 to 50. ( DK: ~menuPK: ~pagePK: ~piPK: ~theSitePK:476883,00. html). The metal prices thus used in the calculation are the average gold price of US$1,500 per ounce and average silver price of US$30 per ounce. Metal recoveries assumptions are 90% for gold and 80% recovery for silver for Belinau.

4 Investment Highlights Tembang Value Investment 2013 Target Production Low Risk Project 2 Stage Dev. Combination of Open Pit & Underground Low Strip Ratio - Open Pit - at Asmar High Grade Underground at Belinau Brownfield Development Excellent Metallurgy Simple Process Flowsheet Management Team Experienced Mining & Process Managers recently appointed to take project into production Other Company Attributes Newcrest a major shareholder (7%) and JV partner Significant greenfields to brownfields land holdings of more than 3,200km² 100% ownership of 7 exploration permits (IUPs) across Sumatra Company has consistently demonstrated an ability to navigate and manage new Indonesian Mining Laws 3

Corporate Overview Corporate Code SUM Shares/CDIs issued* 190.6M Unlisted options 22.8M Fully diluted 213.4M 52 wk high/low A$0.395 - A$0.11 Share price A$0.12 Market cap ~$22M Cash $6.

5 Corporate Overview Corporate Code SUM Shares/CDIs issued* 190.6M Unlisted options 22.8M Fully diluted 213.4M 52 wk high/low A$ A$0.11 Share price A$0.12 Market cap ~$22M Cash $6.5M Debt $5M Avg daily vol ~330,000 Top shareholders Directors/Management 9.6% Macquarie Bank 9.2% Newcrest 7.0% Rand Merchant Bank 3.3% Updated 13 April months share price $0.40 $0.35 $0.30 $0.25 $0.20 $0.15 $0.10 $0.05 $0.00 Apr 2011 May 2011 Jun 2011 Board and management Warwick Morris Julian Ford Adi Sjoekri Jul 2011 Peter Nightingale Jocelyn Waller Aug 2011 Sep 2011 Oct 2011 Nov 2011 Dec 2011 Jan 2012 Feb 2012 Mar 2012 Non-Exec Chairman Managing Director Executive Director Non-Exec Director Non-Exec Director Apr

6 Development Strategy 2-Stage Development Strategy for Tembang Project Stage 1 Short Term Plan Belinau (O/P & U/G) & Asmar (O/P) Low risk, small scale mine Belinau: High-grade vein system with strong exploration upside Reduced upfront capital costs Asmar: Perfect Oxide Blend for Belinau with Low Strip Ratio Fund development and expansions from Cashflow Production targeted for Q3, 2013 Comprises 18% of total Tembang Resource Stage 2 Long Term plan Other Tembang deposits Commence production following completion Stage 1 Larger mine and throughput Implement energy cost reduction strategy for Stage 2 Complete deeper exploration campaign to target doubling of gold production. 5

Sumatra s Prolific Mineralisation Miwah 3.14 Moz Au, 9.0 Moz Ag Anjing Hitam Zinc and Lead MARTABE 5.8 Moz Au, 62.2 Moz Ag G Resources - Mkt Cap. $970 mil SIHAYO 1.4 Moz Sihayo - Mkt Cap.

7 Sumatra s Prolific Mineralisation Miwah 3.14 Moz Au, 9.0 Moz Ag Anjing Hitam Zinc and Lead MARTABE 5.8 Moz Au, 62.2 Moz Ag G Resources - Mkt Cap. $970 mil SIHAYO 1.4 Moz Sihayo - Mkt Cap. $120 mil Sontang Tandai 1.4 Moz Au, 15 Moz Ag Donok 1.3 Moz Au, 7.4 Moz Ag Tambang Sawah TEMBANG WAY LINGGO 0.2 Moz Au, 0.3 Moz Ag Kingsrose - Mkt Cap. $360 mil 1.0 Moz Au 12.8 Moz Ag Sumatra Copper & Gold - Mkt Cap. $22 mil Ojolali Cibaliung Pongkor 3.6 Moz Au, 26.3 Moz Ag

8 Project Portfolio Tembang Project (100% SUM) Advanced gold and silver project Tandai Project (30% SUM, 70% Newcrest) Exploration JV project with Newcrest Sontang Project (100% SUM) High-grade exploration project Other greenfield projects (100% SUM) Exploration IUPs covering more than 1,370km 2 7

Tembang Project: Overview Production timeline Total Reserve Total mine life Infrastructure Mine type Upside 2013 2 nd Half 513,000 oz gold 5.

9 Tembang Project: Overview Production timeline Total Reserve Total mine life Infrastructure Mine type Upside nd Half 513,000 oz gold 5.6M oz silver (1) 10 years Brownfield from previous production Open pit and underground Numerous regional targets Aerial view of Tembang Project Note 1: refer to Appendix 1 for full Reserve and Resource Statement 8

10 Tembang Project Location & Infrastructure 9

11 Tembang Production Plan Asmar Open Pit Stage 1 Berenai/Central Area Stage Processing Plant Stage Workshop 11 Proposed Tailings dam Stage 2 8 Magazine 10 Camp Site Haulage Road Belinau Underground Deposit Stage 1 Belinau Open Pit Stage 1

Open Pit Cut Back provides for 18 months ore supply

12 Belinau Open Pit - Expansion Optimised Belinau Pit Design Existing Pit New Pit The Two Stage Belinau Open Pit Cut Back provides for 18 months ore supply before underground high grade feed is required for the mill.

Tembang PFS & Optimisation Key Points to Note Well defined Reserve: 150,000 metres drilling High grade ore & excellent metallurgy means simple standard process circuit Brown field project:

13 Tembang PFS & Optimisation Key Points to Note Well defined Reserve: 150,000 metres drilling High grade ore & excellent metallurgy means simple standard process circuit Brown field project: Recommission TSF & Old Plant Site Combination of O/P and U/G flexible production options 12 months ore supply before U/G required ore required PFS Optimisation Update (April 2012) Gold Equivalent Production C1- Target Cash Operating Costs (incl. silver credits) Stage 1 - Target Production LOM 40,000-45,000 oz Au equivalent (1) pa US$350 to US$450 per Oz Au 218,000 oz Au Eq (1) Mine life 5 years (stage 1) Production rate Gold Recovery Silver Recovery Reserve in Stage 1 Production Plan 400, g/t Au and 30 g/t Ag 90% 80% 18% of Resource (1) Please refer to Appendix 1 for gold equivalent calculation 12

Tembang 2012 Milestones AMDAL Environmental

Mining Licence Conversion of IUP from exploration

Masterlists Electricity Generation Explosives

Q1/Q2 2012 Q2/Q3 2012 Q3 2012 Q4 2012 Q1 2012 Q2

14 Tembang 2012 Milestones AMDAL Environmental Management Plan Environmental Impact Assessment Mining Licence Conversion of IUP from exploration to mining PERMITTING Operational Technical Head Masterlists Electricity Generation Explosives Local Permitting Forestry In-principle Approval Borrow and Use - Pinjam Pakai Manpower Collaborative Agreement Decision to Mine Q Q1/Q Q2/Q Q Q Q Q Q Pre- Feasibility Stage 1 Resource to Reserve Optimisation Report Definitive Feasibility Stage 1 Sumatra has met all its target milestones in 2012 TECHNICAL 13

15 Epithermals Long Life from Brownfield Exploration The Indonesian mine (Gosowong) is a very rich mine. We currently have a five year reserve life. We had a five year reserve life ten years ago, we had a five year reserve life five years ago and I am anticipating that where we are going with exploration we will have another five year reserve life in another five years. Greg Robinson, Managing Director - Newcrest Limited Melbourne Mining Club Address, February

16 Tembang Exploration: Near Mine Targets ASMAR DEEP 15.2 g/t Au, 24.0 g/t Ag BERENAI DEEP 4.94 g/t Au, 5.0 g/t Ag BELINAU DEEP g/t Au, g/t Ag 15

17 Valuation of ASX Listed Gold Companies (1) (EV / Resource Oz) Valuation (EV/Resource Oz Gold Equivalent) With Sumatra moving into production, there is a opportunity for a major re-rating of the companies valuation over the next 2 years SUM is 25 $/Oz 25% 50 75% % Sihayo 103 $/Oz KRM is >350 $/Oz Gold Resources - Million's of Ounces Au Equivalent AR is 244 $/Oz MML is 320 $/Oz Note:Anglo Gold, Newcrest and Eldorado Gold & Gold One have been removed from the GoldnerdsDatabase. Database is based in April 1, 2012 Update 16

18 Valuation of ASX Listed Gold Companies (1) (EV / Reserve Oz) Archipelago (1) 382 $/oz G-Resources 217 $/oz Note: Archipelago is based on their Mineral Inventory, not Reserve, Anglo Gold, Newcrest, Eldorado Gold & Gold One have been removed from the Goldnerds Database. Database is based in April 1, 2012 Update 17

19 Valuation of ASX Listed Gold Companies (1) (Net Cash Costs) 1,800 1,600 Sumatra s target cash costs is to be in the 1 st Quartile. The high grade underground Belinau Resource (8 g/t Au and 70 g/t Ag) and low strip ratio of Asmar, < 1:3 should be major contributors to achieving a low cash cost Cash Costs ($/oz Gold) 1,400 1,200 1, SUM Target 350 to 450 $/Oz C 1 Costs 25% 50% 75% G Resources -350 $/Oz Archipelago-580 $/Oz MML & KRM 200 to 250 $/Oz C ,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 Cumulative Gold Production - Million's of Ounces Au Equivalent 18

20 Valuation and Re-rating Potential 19

Tandai JV: Exploration Success Newcrest JV JV Terms Newcrest to spend US$12 million to earn 70% interest in the Project within 5 years Newcrest has already met minimum expenditure of US$1.

21 Tandai JV: Exploration Success Newcrest JV JV Terms Newcrest to spend US$12 million to earn 70% interest in the Project within 5 years Newcrest has already met minimum expenditure of US$1.8 million Sumatra currently managing project 2011/12 Budget of A$4.3 million 2011: Heli-supported drill program targeting existing known epithermal systems Target is to drill out one new mineralised vein system in 2012 Identify one new greenfield discovery in 2012 and drill test it 20

22 Tandai: Ulukau Prospect - New Discovery Newly discovered Epithermal Stockwork 21

23 Summary Soon to be self funded explorer Emerging Producer - Gold and silver production targeted for 2013 Two-stage development allows for relatively small initial capex Tembang Relatively low capital intensity Production costs targeted for 1 st quartile Brownfields project means relatively low technical risk Major competitive advantage in Sumatra Large tenement position Demonstrated capacity and ability to acquire projects, attract quality JV partners News flow in 2012 Tembang development milestones Newcrest funded exploration at Tandai JV 22

24 Appendices 23

25 1A: Tembang Project Resource Tembang Mineral Resource August 2011 Reported to JORC Code Standards BELINAU VEIN OTHER VEINS PSV ALL Belinau Vein Above 2.78g/t Au Underground Cut-Off Category Ktonnes Au g/t Ag g/t Au koz Ag koz Measured Indicated Inferred Sub-Total ,130 All Veins Excluding Belinau Above 0.5g/t Au Open Pit Cut-Off Category Ktonnes Au g/t Ag g/t Au koz Ag koz Measured 2, ,156 Indicated 4, ,637 Inferred 3, ,319 Sub-Total 10, ,112 PSV Material Above 0.3g/t Au Open Pit Cut-Off Category Ktonnes Au g/t Ag g/t Au koz Ag koz Measured Indicated 11, ,523 Inferred Sub-Total 11, ,552 Combined Total Resource Open Pit + Underground Category Ktonnes Au g/t Ag g/t Au koz Ag koz Measured 2, ,517 Indicated 16, ,741 Inferred 3, ,536 Total 22, ,794 Note: Rounding errors may occur, reporting cut-offs as indicated, significant figures do not imply any added level of precision. The information in this report that relates to Mineral Resources is based on information compiled by Mr David Stock MAusIMM who is an independent Geological Consultant to the Company and is a Competent Person as defined by the Australasian Code for the reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code 2004 Edition) and has consented to the inclusion in this report of the matters based on his information in the form and context in which they appear. In addition, the Mineral Resource Estimates were reviewed by Mr. Robert Spiers who is a member of AIG and a full time employee of Hellman & Schofield Pty Ltd. Mr. Spiers has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Spiers has consented to the inclusion in this report of the matters based on their information in the form and context in which it appears. 24

1B: Tembang Project Reserve Deposit Reserve Category Tonnes (kt) Grade Au (g/t) Contained Gold (oz) Grade Ag (g/t) Contained Silver (oz) Asmar Berenai Buluh Aidit Bujang Belinau_OP Belinau_UG Proven

26 1B: Tembang Project Reserve Deposit Reserve Category Tonnes (kt) Grade Au (g/t) Contained Gold (oz) Grade Ag (g/t) Contained Silver (oz) Asmar Berenai Buluh Aidit Bujang Belinau_OP Belinau_UG Proven , ,000 Probable 1, , ,000 Proven , ,195,000 Probable , ,000 Proven , ,000 Probable , ,000 Proven Probable , ,000 Proven , ,000 Probable , ,000 Proven , ,000 Probable , ,000 Proven , ,000 Probable , ,000 Proven 2, , ,991,000 Total Probable 3, , ,547,000 Total 5, , ,539,000 25

27 2. Sumatra Board Warwick Morris BSc (Hons), MSc, MAusIMM Non-Executive Chairman Julian Ford BSc(Eng), BCom, Grad Dip (Bus. Mgt) Managing Director Peter Nightingale BEc, CA Non-Executive Director Mr Morris and has more than 30 years experience in the resources industry. He was recently a director of Macquarie Bank Ltd, where he was Chairman of the Metals and Energy Capital Division and head of Metals and Mining. Appointed to the Board in 2008 Mr Ford has more than 25 years within the global resources industry. He has held senior positions within several major resource companies and co-founded Zambezi Resources in 2004 Appointed to the Board in 2012 Mr Nightingale has over 20 years senior financial experience and is Chairman of ASX-listed Callabonna Uranium and Director of Augur Resources, Cockatoo Coal, Planet Gas and unlisted Equus Resources and Nickel Mines. Appointed to the Board in 2010 Jocelyn Waller MA (Hons) (Cantab) Non-Executive Director Mr Waller co-founded Sumatra Copper & Gold in Prior to this was CEO of Trans Siberian Gold plc, an AIM listed company which Mr Waller established in He currently serves as a Non-Executive Director of RusAnt Ltd. Appointed to the Board in 2006 Richard Edwards BComm, CPA, A Fin CFO and Company Secretary Mr Edwards spent eight years as an owner/manager of his own business, and subsequently spent the past nine years providing financial reporting and company secretarial services to a range of publicly listed companies. He is also CFO and Company Secretary of ASX listed Callabonna Uranium Ltd. 26

28 3.Tembang Project Management Team Adi Sjoekri BSc,MSc, MBA (Management) Director (Govt Liaison, Permitting, Forestry) Don Harper B.Eng (Mining Engineering), B.Surv (Surveying) Mine Manager Mr Sjoekri has over 17 years corporate experience, working for major companies such as CSR and Newmont. More recently he was a consultant for the mining industry. Mr Harper is qualified mining engineer with more than 21 years industry experience, Don has a strong track-record of project management and taking resources projects from pre-feasibility stage into production. Grant Harding B.AppSc, FAusIMM Project Manager Matthew Farmer BSc (Hons) Geology, MAusIMM, FGS Exploration Manager Mr Harding is a qualified extractive metallurgist with more than 25 years experience in the mining industry. He has extensive senior operational, engineering and project management experience; most of this in Indonesia. Mr Farmer has over 27 years experience in exploration and mining mostly focused in South East Asia. His experience spans a mix of major and junior companies including BP Minerals and Newmont 27

29 4. Positive PFS outcome March 2012 Stage 1 Development Plan: Belinau Deposit Pre-Feasibility Study (PFS) confirmed Belinau as a robust and profitable standalone project Belinau comprises ~13% of Tembang resource Optimisation studies ongoing PFS - Key outcomes for Belinau Total revenue $175 million Operating costs, royalties & sustaining capital Pre-tax project operating cash flow $75 million $100 million Pre-production capital $48 million Internal Rate of Return 31% Evaluating open pit opportunities C1 cash operating costs (including silver credits) US$511 Definitive Feasibility Study (DFS) has commenced Note: The Belinau Underground PFS published on 23 Feb 2012, included only the Belinau Underground Mine. Updates based on Optimisations will be posted by SCG. The 1 st Update was posted on 12 March Mine life 3 years (stage 1) Production rate 200,000 tpa 28

30 5. Sontang Project: Overview Polymetallic discovery Located in Pasaman regency West Sumatra province Best intersection of g/t Au, 33 g/t Ag, 8.0 % Zn Mineralisation over +150 metre strike length depth to 75 metres 29

31 6. Sontang East Drilling Results 30

32 7. Sumatra Peer Comparisons Notes, Please see next page for notes and details on the values quoted in this table. Sumatra Copper & Gold Intrepid Mines Kingrose Mining Medusa Mining Sihayo Gold G Resources Archipelago Market cap (AUD M) Gold Equivalent Resource* EV ($/ Oz Au Resource) JORC resource (M oz) Resource grade (g/t) Est Capital Cost (AUD M) Annual Production (oz Au pa) Cash costs production (AUD / oz) Est Mine Life (Years) Production/(Forecast) (Year) Tembang Tujuh Project Way Linggo Co-O Mine Sihayo Pungkut Martabe Toka Tindung , , * 16* 876* 340* 107* * 0.39* 2.6* 1.42* 9 # 2.58 # * 11* 9.6* 2.75* 1.34 # 1.53 # 32 ## 158* 229* 84* 576 # 0 0* 42,000* 77,000* 0* 250,000 # 61,191 # 350 to 450 1## * 145* 206* * 350 # 579 # # 10+ # 8+ # 9+ # # 2007 # [2014] # 2012 # 2011 # Project ownership 100% 80%* 85%* 100%* 75%* 100% # 95% # Sources: *Gold Nerds April 2012; # Company presentations; Yahoo Finance 20 April 2012: ## SUM March Optimisation Update; 1 Future cash costs 31

For Further Information ASX:SUM 8. RIM Of Fire: Prolific mineralisation World s Largest Gold Deposit Grasberg Lowest Costs Producers Gosowong, Co-O, Way Linggo MIWAH 3.14 Moz Au, 8.9 Moz Ag MARTABE 6.

4 Moz Sontang TANDAI 1.4 Moz Au, 15 Moz Ag DONOK Cibaliung 1.34 Moz Au, 7.4 Moz Ag TEMBANG 1.0Moz Au 12.8 Moz Ag Ojolali Way Linggo PONGKOR 3.6 Moz Au, 26.3 Moz Ag TUJUH BUKIT 14.0 Moz Au, 8.

33 For Further Information ASX:SUM 8. RIM Of Fire: Prolific mineralisation World s Largest Gold Deposit Grasberg Lowest Costs Producers Gosowong, Co-O, Way Linggo MIWAH 3.14 Moz Au, 8.9 Moz Ag MARTABE 6.49 Moz Au, 66.2 Moz Ag KELIAN 3.56 Moz Au, 1.44 Moz Ag MT.MURO 1.25 Moz Au, 34.6 Moz Ag Mamut Atlas Bulawan Placer Siana Kingking Sumatra projects Au deposit Cu-Au deposit 500 Kms SIHAYO 1.4 Moz Sontang TANDAI 1.4 Moz Au, 15 Moz Ag DONOK Cibaliung 1.34 Moz Au, 7.4 Moz Ag TEMBANG 1.0Moz Au 12.8 Moz Ag Ojolali Way Linggo PONGKOR 3.6 Moz Au, 26.3 Moz Ag TUJUH BUKIT 14.0 Moz Au, 8.8 lb Cu Gn.Pani AWAK MAS 1.92 Moz Au ELANG 25.0 Moz Au, 16.0 lb Cu BATU HIJAU 17.2 Moz Au, 14.1 lb Cu TOKA TINDUNG 1.75 Moz Au MESEL 1.83 Moz Au Tombulilato Wetar GOSOWONG 2.8 Moz Au Wabu GRASBERG 38.5 Moz Au, 35.6 lb Cu Note: The resources shown on this page are historical resources that have been published. The detailed Tembang Resource is shown in Appendix 1

INDONESIA S EMERGING GOLD AND SILVER PRODUCER. March 2012 Mines and Money Hong Kong

INDONESIA S EMERGING GOLD AND SILVER PRODUCER March 2012 Mines and Money Hong Kong Disclaimer This document is prepared as a presenter s aid and support. It is not a stand alone document. Best efforts