Banro Announces New Trading Symbol - BAA

March 24th, 2005

Toronto, Canada - March 24, 2005 - Banro Corporation (the “Company”) (TSX-V: “BAA”) announces that effective at the opening of trading today, the common shares of the Company will commence trading on the TSX Venture Exchange under the new trading symbol “BAA”.

The Company is a Canadian-based gold exploration company focused on the development of its four wholly-owned properties in the South Kivu and Maniema provinces of the Democratic Republic of the Congo.

For further information, please visit our website at www.banro.com, or contact: Peter Cowley, President and C.E.O., United Kingdom, Tel: (44) 790-454-0856; Arnold T. Kondrat, Executive Vice-President, Toronto, Ontario, or Martin Jones, Vice-President, Corporate Development, Toronto, Ontario, Tel: (416) 366-2221.

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