SUMATRA COPPER & GOLD plc ABN 14 136 694 267 Level 2, 66 Hunter Street, Sydney NSW 2000 Australia

P +61 2 9300 3377 F +61 2 9221 6333 E info@sumatracoppergold.com W www.sumatracoppergold.com Registered in England and Wales Registered Number 5777015

Registered address: 39 Parkside, Cambridge CB1 1PN United Kingdom

29 May 2012 The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (20 pages by email) Dear Madam

RE: PRESENTATION TO ANNUAL GENERAL MEETING I attach a PowerPoint presentation which is to be delivered to the shareholders present at today’s Annual General Meeting which is convened to be held at 11.00 am. Yours sincerely Richard Edwards Company Secretary pjn6714

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ANNUAL GENERAL MEETING

29 May 2012

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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 theaccuracy 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 (ABN 14 136 694 267) 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 report that relates to Exploration Results 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 mineralisation 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.

Disclaimer

The information in this report that relates to Tembang 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.

The information in this report that relates to Tembang 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.

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Atlas

Kingking

Gn.Pani

Wabu

Bulawan SianaPlacer

Tombulilato

TANDAI

MARTABE

SIHAYO1.4 Moz

6.49 Moz Au, 66.2 Moz Ag

PONGKOR3.6 Moz Au, 26.3 Moz Ag

MIWAH3.14 Moz Au, 8.9 Moz Ag

SONTANG

1.25 Moz Au, 34.6 Moz AgMT.MURO

3.56 Moz Au, 1.44 Moz AgKELIAN

Mamut

TOKA TINDUNG1.75 Moz Au

GOSOWONG2.8 Moz Au

GRASBERG38.5 Moz Au, 35.6 lb Cu

1.83 Moz AuMESEL

AWAK MAS1.92 Moz Au

TUJUH BUKIT14.0 Moz Au, 8.8 lb Cu BATU HIJAU

17.2 Moz Au, 14.1 lb Cu

25.0 Moz Au, 16.0 lb CuELANG

Wetar

Ojolali

Way Linggo

Cibaliung

1.0Moz Au 12.8 Moz AgTEMBANG

Au deposit Cu‐Au  deposit

500 Kms

Sumatra projects

For Further Information – ASX:SUM

Note: The Tembang Resources shown on this page are historical resources that have been published. The detailed Tembang Resources are shown in Appendix 1

RIM Of Fire: Prolific Mineralisation

• World’s largest gold deposit – Grasberg

• Lowest costs producers – Gosowong, Co-O, Way Linggo

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Our Projects in Sumatra

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Tembang Project (100% SUM)• Brownfields gold and silver project • DFS completion scheduled for July 2012• Gold and silver production scheduled for 2nd half 2013

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 1,370km2

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Tembang and Surrounding Infrastructure

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Tembang Project Management Team

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Adi Sjoekri BSc ,MSc, MBA (Management) Director (Gov’t Liaison, Permitting, Forestry)

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.

Don Harper B.Eng (Mining Engineering), B.Surv (Surveying)Mine Manager

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 HardingB.AppSc, FAusIMM Project 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, principally in Indonesia.

Matthew FarmerBSc (Hons) Geology, MAusIMM, FGSExploration Manager

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.

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Tembang – 403,000 oz Gold and 5.5M oz Silver JORC Reserve

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Tembang Project – Overview

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Aerial view of the Tembang Project

Production timeline

Gold and silver production 2nd half 2013

Total Reserves (1) 403,000 oz gold 5.5M oz silver

Total mine life 10 years

Infrastructure De-risked by previous mining in 1996-2000

Mine type Open pit and underground

Upside 201,000 oz Au in PSV and three deposits open at depth

Note 1: Refer to Appendix 1 for full Statement of Reserves and Resources

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Tembang – 2 Stage Development Strategy

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STAGE 1

STAGE 2

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Stage 1 – Belinau and Asmar

Berenai/Central Area

ProposedTailings damStage 2

Stage 2

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3

61

2

5

10

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Belinau UndergroundDeposit Stage 1

Haulage Road

Camp Site

Magazine

Stage 1Processing Plant

Belinau Open PitStage 1

Asmar Open Pit Stage 1

11 Workshop

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Stage 1 – PFS and Optimisation Update

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PFS Optimisation Belinau & Asmar(April 2012)

Target LOM Production Plan 186,000 oz AuEq(1)

C1- Target Cash Operating Costs(incl. silver credits)

US$350 to US$450/ oz Au

Mining Pre-Production Capital US$10m

Mine life 5 years (stage 1)

Production rate 400,000 tpa

Target Gold RecoveryTarget Silver Recovery

90%80%

Reserve in Stage 1 Production Plan 18% of Resource

Note 1: Refer to Appendix 1 for gold equivalent calculation

PFS – Belinau Deposit(March 2012)

LOM Production Plan 134,000 oz AuEq(1)

C1- Cash Operating Costs(incl. silver credits)

US$551/oz Au

Mining Pre-Production Capital US$22m

Mine life 3 years (stage 1)

Production rate 200,000 tpa

Gold RecoverySilver Recovery

90%80%

Reserve in Stage 1 Production Plan 13% of Resource

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Stage 1 – Development Strategy

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DFS• Complete DFS in July 2012• Hydrological and geotechnical drilling currently underway• Mining and processing studies nearing completion• Permitting underway

Mining• Start with open pit mining at Belinau and Asmar – de-risk and reduce pre-production capital • Hire all open pit equipment but owner operate – reduce upfront capital • Develop portal access from within Belinau pit – early access to high grade ore (in-pit adits)• Sublevel-stoping with benching and backfill – maximum gold recovery ... keep it simple• Owner operator with majority local workforce ... follow other successful operator’s methods

Processing• Build a conventional CIL 400,000tpa gold plant ... keep the process simple and costs down• Secured design for previous plant enabling use of existing concrete foundations – significant savings• Historical production confirmed gold recoveries greater than 90%• Test work using oxygen to improve silver recoveries to greater than 85% underway• Option to upgrade existing tails dam to be confirmed in the DFS ... reduce upfront capex

and regulatory issues

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Belinau Open Pit – Cutback

New Pit

Existing Pit

Optimised Belinau Pit Design

The two stage Belinau open pit cutback provides for up to 12 month’s ore supply before underground high grade feed is required for the mill.F

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Belinau Underground Mine

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Asmar and Belinau – Further Potential

15.15m @ 4.94 g/t Au, 5.0 g/t AgBERENAI DEEP

1.95m @ 81.92 g/t Au, 208.0 g/t AgBELINAU DEEP

ASMAR DEEP4.15m @ 15.2 g/t Au, 24.0 g/t Ag

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Tembang 2012 Milestones

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PERMITTING

TECHNICAL

AMDAL ✔• Environmental

Management Plan

• Environmental Impact Assessment

AMDAL ✔• Environmental

Management Plan

• Environmental Impact Assessment

Forestry• In-principle

approval• Borrow and Use

- Pinjam PakaiManpower• Collaborative

Agreement

Forestry• In-principle

approval• Borrow and Use

- Pinjam PakaiManpower• Collaborative

Agreement

Operational• Technical head• Masterlists• Electricity

Generation• Explosives• Local permitting

Operational• Technical head• Masterlists• Electricity

Generation• Explosives• Local permitting

Pre- ✔Feasibility

Stage 1

Pre- ✔Feasibility

Stage 1

Resource to Reserve

Optimisation Report

Resource to Reserve

Optimisation Report

Definitive Feasibility

Stage 1

Definitive Feasibility

Stage 1

Q2/Q3 2012 Q4 2012Q3 2012Q1 2012

Q3 2012Q2 2012Q1 2012

Mining Licence

• Conversion of IUP from exploration to mining

Mining Licence

• Conversion of IUP from exploration to mining

Decision to MineDecision to Mine

Q1/Q2 2012

✔

✔

✔ “Sumatra has met all its 2012 milestones to

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Summary

• Emerging Gold and Silver producer– Gold and silver production targeted for second half of 2013– Two-stage strategy allows early profitability with reduced financial exposure

• Tembang Project– Excellent early (within 6 months) cash producing asset– Low initial capital outlay– Production costs targeted for 1st quartile– Brownfields project means lower technical risk

• Major competitive advantage in Sumatra– Large tenement position and projects– Demonstrated capacity and ability to acquire projects, attract quality JV partners

• Experienced operators on the ground– Adi Sjoekri...director and geologist...permitted several projects prior joining Sumatra– Grant Harding...process engineer...20 years in Indonesia

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Category Ktonnes Au g/t Ag g/t Au koz Ag kozMeasured 149 7.22 75.5 35 361Indicated 266 8.02 67.9 69 580Inferred 72 10.50 81.4 24 188Sub‐Total 487 8.14 72.2 127 1,130

Category Ktonnes Au g/t Ag g/t Au koz Ag kozMeasured 2,598 2.27 37.8 190 3,156Indicated 4,423 1.80 25.6 256 3,637Inferred 3,554 1.80 20.3 202 2,319Sub‐Total 10,575 1.91 26.8 648 9,112

Category Ktonnes Au g/t Ag g/t Au koz Ag kozMeasured ‐ ‐ ‐ ‐ ‐Indicated 11,323 0.54 6.9 198 2,523Inferred 194 0.50 4.6 3 29Sub‐Total 11,517 0.54 6.9 201 2,552

Category Ktonnes Au g/t Ag g/t Au koz Ag kozMeasured 2,747 2.54 39.9 224 3,517Indicated 16,012 1.02 13.1 522 6,741Inferred 3,820 1.90 20.7 229 2,536Total 22,579 1.35 17.6 976 12,794

PSV

Combined Total Resource Open Pit + Underground

ALL

Note: Rounding errors may occur, reporting cut‐offs as indicated, significant figures do not imply any added level of precision.

Tembang Mineral Resource August 2011 Reported to JORC Code StandardsBelinau Vein Above 2.78g/t Au Underground Cut‐Off

BELINAU VEIN

All Veins Excluding Belinau Above 0.5g/t Au Open Pit Cut‐Off

OTHER VEINS

PSV Material Above 0.3g/t Au Open Pit Cut‐Off

1A: Tembang Project Resources

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1B: Tembang Project Reserves

DepositReserve Category

Tonnes(kt)

Grade Au (g/t)

Contained Gold (oz)

Grade Ag (g/t)

Contained Silver (oz)

AsmarProven 650 1.7  35,000 24.0  498,000

Probable 1,230 1.3  49,000 20.5  808,000

BerenaiProven 910 2.0  60,000 40.8  1,195,000

Probable 980 2.1  67,000 23.6  740,000

BuluhProven 560 2.5  45,000 40.9  735,000

Probable 400 2.0  26,000 29.0  374,000

AiditProven ‐ ‐ ‐ ‐ ‐

Probable 20 3.1  2,000 44.6  30,000

BujangProven 140 4.2  19,000 52.1  238,000

Probable 50 2.3  4,000 26.0  40,000

Belinau_OPProven 90 5.5  16,000 68.4  196,000

Probable 60 3.4  6,000 53.2  97,000

Belinau_UGProven 50 8.7  15,000 74.1  130,000

Probable 360 5.0  59,000 39.3  458,000

Total

Proven 2,400 2.5  190,000 38.7  2,991,000

Probable 3,090 2.1  213,000 25.6  2,547,000

Total 5,490 2.3  403,000 31.4  5,539,000

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. (http://econ.worldbank.org/WBSITE/EXTERNAL/EXTDEC/EXTDECPROSPECTS/0,,contentMDK:21574907~menuPK:7859231~pagePK:64165401~piPK:64165026~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.

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