Glencar Mining plc ("Glencar" or the "Company")

                       Rule 2.10 Announcement

                            24 July 2009

In   accordance   with    Rule   2.10   of    the   Irish    Takeover
Rules, Glencar confirms  that   it  has 301,901,764 ordinary   shares
of �0.031 each in issue under the ISIN code IE0003725383.

The Company  also confirms  there are 18,000,000 share  options  that
have been granted by the Company that are presently outstanding, with
an exercise price          per share          option          ranging
from �0.045 to �0.15 issued under  the Glencar  Share  Option  Scheme
2005.

The Company also  confirms there  are 5,625,000 warrants to  purchase
ordinary shares at a price of Stg£0.135 outstanding.

Dealing Disclosure Requirements

The holder of 1%  or more of any  relevant securities in the  Company
may have disclosure obligations under Rule 8.3 of the Irish  Takeover
Panel Act, 1997, Takeover Rules 2007.

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


The Directors of  Glencar Mining plc  accepts responsibility for  the
information contained  in this  announcement. To  the best  of  their
knowledge and belief (having taken all reasonable care to ensure that
such is the case), the information contained in this announcement for
which they take responsibility  is in accordance  with the facts  and
does  not  omit  anything  likely  to  affect  the  import  of   such
information.

Davy  Corporate  Finance,  which   is  regulated  by  the   Financial
Regulator, is acting exclusively  for Glencar Mining  plc and no  one
else in connection with the  matter referred to in this  announcement
and will not be responsible to  anyone other than Glencar Mining  plc
for providing the protections afforded  to clients of Davy  Corporate
Finance nor for providing advice  in relation to the matter  referred
to in this announcement.

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