Glencar Mining plc

                           Issue of Equity

                            24 July 2009

Glencar issued 158,600 new ordinary shares to its project manager in
Mali on 9 June 2009. Following the issue of these shares the enlarged
issued share capital of Glencar is 301,901,764 ordinary shares.   The
new ordinary shares will rank pari-passu in all respects with the
existing ordinary shares.

Application will be made to the London Stock Exchange and to the
Irish Stock Exchange for the 158,600 ordinary shares referred to
above to be admitted to trading on the AIM Market of the London Stock
Exchange ("AIM") and on the Irish Enterprise Exchange of the Irish
Stock Exchange ("IEX"). Dealing is expected to commence in these
shares on 30 July 2009.

For further information, please contact:


Glencar Mining plc
Hugh McCullough, Managing Director
Tel:  +353 1 661 9974
e-mail: info@glencarmining.ie



Davy Corporate Finance
Ivan Murphy, Director
Brian Corr, Associate Director
Tel:      +353 1 679 6363

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.