Glencar Mining plc

                       Cancellation of Listing

                          7 September 2009

Glencar Mining  plc  ("Glencar"  or the  "Company")  announces  that,
following the Offer  by Gold Fields  Metal BV becoming  unconditional
earlier today, the  admission of the  Glencar's Shares to trading  on
AIM and IEX  will be cancelled  with effect  from 7.00 a.m. on Monday
5th October 2009 as  Gold Fields intends to  apply the provisions  of
section 204 of the  Companies Act, 1963  to acquire compulsorily  any
Glencar Shares not acquired or agreed to be acquired pursuant to  the
Offer or otherwise on the same terms as the Offer.

Following the cancellation of admission  to AIM and IEX, the  Company
will no longer be obliged  to announce material events. However,  the
Company  will   continue   to  comply   with   applicable   statutory
requirements and the Company's articles.

Following the de-listing there will be no market facility for dealing
in Glencar Shares. Gold  Fields intends  to apply  the provisions  of
section 204 of the  Companies Act, 1963  to acquire compulsorily  any
Glencar Shares not acquired or agreed to be acquired pursuant to  the
Offer or otherwise on the same terms as the Offer.

For further information, please contact:


Ivan Murphy/Brian Corr
Davy Corporate Finance (Nomad and IEX Adviser)
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  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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