23 April 2009

Issue of Equity

The company today announces that Howard Miller, a director of the company, has exercised an option over 300,000 ordinary shares of 1p each which was granted on 3 May 2002 at 2 pence per share.

The new ordinary shares to be issued in respect of this exercise will rank paripassu with the existing ordinary shares of the company. Application will be made for the shares to be admitted to the Official List and trading is expected to commence on 27 April 2009. Following the allotment of the new ordinary shares the issued ordinary share capital of the company will be 152,858,051 shares with voting rights and there are no shares in treasury.

The above figure may be used by shareholders as the denominator for the calculations which will determine whether they are required to notify their interest in the company, or any change to that interest, under the FSA's Disclosure and Transparency Rules.


About Anglesey Mining

Anglesey Mining plc is a UK based company listed on the London Stock Exchange with a 50% interest in a 90 million ton iron ore project in Labrador, Canada, which is under active development towards mining production. The company also holds the Parys Mountain base metals project with a historical resource of 7.7 million tonnes at 9.3% combined copper, lead and zinc in Anglesey, UK.

For further information:

Ian Cuthbertson, Finance Director   +(44) 1248 361333