May 20, 2011

Mediterranean Resources Announces Rescheduling Of Its Annual General And Special Meeting

Vancouver, B.C., Mediterranean Resources Ltd. (TSX: MNR; Frankfurt: MHM1) ("Mediterranean") wishes to announce that it is rescheduling its Annual General and Special Meeting from the previously announced date of May 31, 2011 to June 29, 2011.

This change is being effected to enable the presentation to and discussion by, shareholders of the results of the company's upcoming Preliminary Assessment on its Yusufeli projects, currently being prepared by SRK.

Signed on behalf of the Board of Directors.
For further information please contact:
Christopher Ecclestone
Interim Chief Executive Officer

The TSX does not accept responsibility for the adequacy or accuracy of this release.