Announcements 2007

Issue of Options

05 April 2007

Over the past few months, the Company has been actively engaging senior staff members for its projects in Africa. To incentivise these new staff going forward the Company announces that it has today issued 3 million options to staff to subscribe for new ordinary shares in the Company at an exercise price of 25p per share, with a term of 5 years from the date of this announcement. The options will vest to the staff one year from the date of this announcement.

In addition, acting on the recommendation of the Remuneration Committee, and in recognition of Gerard Holden recently accepting an expanded executive role as Executive Chairman and Donald Strang's increased responsibilities covering both financial and business development matters, the Company has today issued 5 million options to Gerard Holden and 3 million options to Donald Strang. These options to subscribe for ordinary shares in the Company have an exercise price of 25p per share and a term of 5 years from the date of this announcement.

For further information, please contact:

Brinkley Mining Plc
Kiran Morzaria
Tel +44 (0) 207 016 5100 Fax +44 (0) 207 016 5101

Beaumont Cornish Limited
Michael Cornish, Director
Tel +44 (0) 20 7628 3396 Fax +44 (0) 207628 3393

Parkgreen Communications
Justine Howarth / Clare Irvine
Tel +44 (0) 20 7851 7480 Fax +44 (0) 20 7494 9085