On 9 November 2009, London Mining received a notification that
Benbrack Charkit Limited ("Benbrack") had crossed a threshold of more
than one whole percentage point and now holds 4.56% of the total
voting rights of London Mining Plc.
On 4 November 2009 Benbrack sold 7,375,000 voting shares in London
Mining.
In accordance with Chapter 5 of the UK FSA's Disclosure and
Transparency Rules, shareholders are required to notify London Mining
and the FSA of acquisitions or disposals or voting rights which
reach, exceed or fall below 3% or any subsequent whole percentage
within 2 trading days of the relevant change.
Please see the notification form TR1 enclosed.
For more information, please contact:
London Mining Plc
Thomas Credland, Head of Investor Relations +44 20 7201 5000
Crux Kommunikasjon AS
Charlotte Knudsen +47 97 56 19 59
About London Mining
London Mining Plc is a UK-based company that is developing mines for
the steel industry. The company owns 100% of the Marampa hematite
iron ore mine in Sierra Leone, 100% of the Isua magnetite iron ore
project in Greenland, a 50% stake in on the Wadi Sawawin joint
venture in Saudi Arabia and a 50% stake in the China Global Mining
Resources joint venture. It also has minority interests in South
Africa and Colombia. The Company listed on the Oslo Axess, a
marketplace regulated by the Stock Exchange, on 9 October 2007 and
the AIM on 6 November 2009. It trades under the symbol LOND.NO.
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