Deutsche Rohstoff Ag: Dynamic growth continues in the first half of 2012

Deutsche Rohstoff AG: Dynamic growth continues in the first half of 2012
First revenues from oil and tungsten production/Equity Capital increases by
43% to EUR 44 million

Heidelberg. Deutsche Rohstoff AG published its report for the first half of
2012 today. Until 30 June 2012 the Group had an overall turnover (revenue
plus other operating income) of EUR 3.7 million. The consolidated net
income after minorities (according to German-GAAP, HGB, unaudited) in the
first halfof 2012 amounted to minus EUR 0.7 million. From 31 December 2012,
totalassets rose by 40% to EUR 56.8 million, equity capital increased by
43% to EUR 44.5 million and the equity ratio rose to 78.3%. Cash and cash
equivalents amounted to EUR 11.3 million as of 30 June 2012. In the first
half year Tekton Energy generated proceeds from the sale of oil and gas
amounting to EUR 0.3 million, Wolfram Camp Mining a total of approximately
EUR 0.6 million. Further revenue was generated by Deutsche Rohstoff AG and
the sale of shares in Tin International Ltd. and Seltenerden Storkwitz AG.

The Interim Report also discusses the highly successful exploration
activities within the Group. Even though they are not reflected in the
numbers yet, they have considerably increased the value of the resource
base:

- The confirmatory tin drill workings in the Ore Mountains and the
JORC-report created by an Australian expert, confirmed that the license
areas of Gottesberg and Geyer belong to the world's largest undeveloped
tin deposits.

- Rhein Petroleum GmbH successfully finalised one of the largest
3D-seismic surveys that has ever been undertaken in Southern Germany.
It forms the basis for a drilling program which will begin in the
upcoming months.

- The confirmatory drilling of Seltenerden Storkwitz AG was completed in
July. The preliminary results indicate that the historical estimates
can also be substantiated. The JORC-report is expected in November and
will be published then.

- Finally Devonian Metals published an updated report according to the
Canadian NI 43-101 Standard, which showed that the drilling programs of
the past two years nearly doubled the resource.

In addition, Deutsche Rohstoff AG reported further successful activities in
September:

- The Georgetown Gold Mine was sold for approximately EUR 13 million in
cash.

- Another 15% share in Rhein Petroleum GmbH was sold for the amount of
EUR 5 million.

- Tekton Energy received approval to drill another 55 holes in the
Wattenberg field. Thus, the proposed horizontal drilling program has
been ensured by permit and can start later this year.

Thomas Gutschlag, CFO of Deutsche Rohstoff AG, said: 'We have continued
our dynamic growth during the first half year and have already achieved
some of our full year targets. We expect to complete the full year with
another pleasing result, despite the build-up phase of Tekton and Wolfram
Camp. Considering these developments we want to hold on to our goal to pay
a dividend for 2012.

Heidelberg, 28 September 2012

Deutsche Rohstoff AG (Heidelberg, Germany), listed in the Entry Standard
segment of Frankfurt Stock Exchange, is establishing a new primary
producer. The company's focus is placed on gold, oil & gas and so called
high tech metals such as tin, tungsten, and rare earth metals. All projects
are located in countries marked by political stability, the core area being
Germany. The business concept is based on redeveloping deposits, which have
been well explored in the past. For more information please visit
www.rohstoff.de.

Contact:

Thomas Gutschlag
gutschlag@rohstoff.de
+49 6221 871 000


End of Corporate News

Unternehmen: Deutsche Rohstoff AG - ISIN: DE000A0XYG76