ONCE A FOOL ALWAYS A SUNRIDGE FOOL NEVSUN RESPONSE TO MEDIA SPECULATION
Nevsun Resources Ltd. receives in the normal course of business inquiries regarding corporate mergers and acquisitions. Nevsun has recently received from various parties expressions of interest on a potential corporate transaction. It takes these enquiries seriously; however, any discussions are at a preliminary stage, and there is no certainty that any transaction will be completed. Management is not aware of a bid for the company. Nevsun does not intend to comment further on potential corporate transactions unless and until it deems further disclosure is appropriate or required by applicable law.