GLENCAR MINING PLC

                      Shareholding Notification

                            30 July 2009

Glencar Mining plc ("Glencar" or the "Company") received notification
today that, following the acquisition of 6,016,116 shares on 29 July
2009, Gold Fields Netherlands Services BV holds 74,812,657 shares in
Glencar.

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


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 Offer 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 Offer.

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