01 April 2015

ASX / MEDIA ANNOUNCEMENT

Update on Accounts

The Company (CVR: ASX) would like to advise the following in respect of its accounts for the year ended 31 December 2014:

Update on Accounts for Year Ended 31 December 2014

The Company is currently in the process of finalising its accounts for audit for the financial year

ended 31 December 2014 ("the Accounts").

The reason for the delay in having the Accounts compiled and audited is due mainly to delays in extracting and compiling the accounts of the Kazakhstan subsidiaries.

The Company is working with the auditor to have the Accounts completed and released as soon as possible.

END

For further information contact:

Peter Thompson
Managing Director
Central Asia Resources Limited
Ph: (+61) 417 979 169 (+7) 771 507 2936 [email protected]
Jason Campbell
Company Secretary
Central Asia Resources Limited
Ph: +61 8 6489 0600

About Central Asia Resources

Central Asia Resources Limited (ASX: CVR) is focused on exploration, development and production of gold in Kazakhstan.
The Company holds two license areas in Kazakhstan. These include four deposits with JORC Resources, all of which have exploration upside, and areas of significant prospectivity based on extensive exploration during Soviet times. The license areas are within recognised gold belts, and close to operating mines and infrastructure. Trial mining commenced at the first project, Dalabai in February 2012 using shallow open pit mining and heap leach technology, with a further 1,040oz produced in late 2013 from leaching of stockpiled material.

Disclaimer

Certain statements included in this announcement may constitute forward looking information. This information is based
upon a number of estimates and assumptions made by the Company in light of its experience, current conditions and expectations of future developments, as well as other factors that the Company believes are appropriate in the circumstances. While these estimates and assumptions are considered reasonable, they are inherently subject to business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking information provided by the Company, or on behalf of, the Company. Such factors include, among other things, risks relating to additional funding requirements, commodity prices, exploration, acquisition, development and operating risks, competition, production risks, regulatory restrictions, including environmental regulation and liability and potential title disputes. Forward-looking information is no guarantee of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking information due to the inherent uncertainty therein. Forward-looking information is made as at the date of this announcement and the Company disclaims any intent or obligation to update publicly such forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by law.

C/o- 311-313 Hay St, Subiaco, Western Australia 6008 PO Box 8282, Subiaco, Western Australia 6008

P: +61 8 6489 0600 F: +61 8 9388 3701

ABN: 13 113 816 158