Tanzanian Royalty Awarded Environmental Impact Assessment Certificate for Kigosi

Tanzanian Royalty Exploration Corporation is very pleased to announce
that the Company, through its wholly owned subsidiary, Tanzania American
International Development Corporation 2000 Limited, has been awarded the
Environmental Impact Assessment Certificate for its Kigosi Gold Project,
in partnership with the State Mining Corporation (STAMICO) representing
the Government of The United Republic of Tanzania. STAMICO ?are 15%
shareholders of the Kigosi Project.

The Environmental Impact Assessment Certificate was issued and signed by
The Minister of State, Vice-President's Office-Environment, The
Honourable Dr. Terezya Luoga Huvisa (MP) on 24th January, 2013 and is
critical to the development cycle of the Kigosi Project. Mr. Joseph
Kahama, Chairman and Chief Operating Officer (Tanzania) stated, 'This
achievement again proves the truth of the time-honoured adage, "patience
is a virtue.′ The process of obtaining an Environmental Impact
Assessment Certificate is complex and involves multiple independent
consultants, stakeholders and institutions having a say in the process
and more significantly, giving their stamp of approval for the Project.
We are thrilled that all these steps were undertaken thoroughly and
successfully.?

Commenting on the significance of this development, Mr. Kahama asked:
'As a shareholder you may be asking yourself, "what does this
achievement mean and what importance does it have?′ Well, this
achievement means that ?your Company ?is making material progress on the
critical development path at Kigosi.?

The Kigosi Project has now passed all necessary steps to obtain the
approval of the professional national environmental body, the National
Environment Management Council ('NEMC?). The receipt of ?NEMC's approval
and recommendation resulted in the Minister signing the Environmental
Impact Assessment Certificate. The Company is now awaiting the issuance
of a Mining License for Kigosi, a process now underway and to which the
Minister′s approval of the Certificate is a required pre-condition.

In a message to shareholders, Mr. Kahama added: 'I would like to thank
all of the shareholders for their patience - now history and patience
have delivered. Your Company takes great pride in being partners with
STAMICO in the Kigosi Project and plans to make every effort to continue
its advancement, for the benefit of its shareholders and for the people
of Tanzania, who are her host and fellow shareholders in this important
initiative.′

I look forward to exciting times ahead and to keeping you abreast of
developments as we move steadily forward.?

Respectfully submitted,

Joseph Kahama

Chairman and Chief
Operating Officer (Tanzania)

For further information, please contact Investor Relations at
1-800-811-3855

Visit our website: www.TanzanianRoyalty.com

The Toronto Stock Exchange and NYSE MKT LLC have not reviewed and do not
accept responsibility for the adequacy or accuracy of this release

Cautionary Note to U.S. Investors - The United States Securities and
Exchange Commission limits disclosure for U.S. reporting purposes to
mineral deposits that a company can economically and legally extract or
produce. We use certain terms on this news release, such as 'reserves?,
'resources?, 'geologic resources?, 'proven?, 'probable?, 'measured',
'indicated', or 'inferred' which may not be consistent with the reserve
definitions established by the SEC.U.S. Investors are urged to
consider closely the disclosure in our SEC filings.You can
review and obtain copies of these filings from the SEC's website at http://www.sec.gov/edgar.shtml

This news release contains certain forward-looking statements and
forward-looking information. All statements, other than statements of
historical fact, included herein are forward-looking statements and
forward-looking information that involve various risks and
uncertainties. There can be no assurance that such statements will prove
to be accurate, and actual results and future events could differ
materially from those anticipated in such statements. Important factors
that could cause actual results to differ materially from the Company's
expectations are disclosed in the Company's documents filed from
time-to-time with the British Columbia, Alberta and Ontario provincial
securities regulatory authorities.

Certain information presented in this release may constitute
'forward-looking statements? within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are based on numerous assumptions, and involve known and
unknown risks, uncertainties and other factors, including risks inherent
in mineral exploration and development, which may cause the actual
results, performance, or achievements of the Company to be materially
different from any projected future results, performance, or
achievements expressed or implied by such forward-looking statements.
Investors are referred to our description of the risk factors affecting
the Company, as contained in our SEC filings, including our annual
report on Form 20-F and Registration Statement on Form F-10, as amended,
for more information concerning these risks, uncertainties, and other
factors.

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link:

http://www.usetdas.com/pr/tanzanianfeb52013.htm

Tanzanian Royalty Exploration Corporation

James Sinclair,
1-800-811-3855