Announcements 2007

Issue of Equity

7 August 2007

On 11th July 2007, Brinkley Mining (AIM: BRM) announced that it had entered into an agreement to acquire the remaining 30% minority interests in Brinkley Africa Limited for a consideration of approximately £8.8 million. The consideration will be settled by the issue of 40 million new ordinary shares in Brinkley Mining and £500,000 in cash. The consideration shares are locked in for a period of twelve months. A balancing payment in cash or shares, at Brinkley Mining's option, will be made on completion of the first bankable feasibility study.

The purchase of the remaining shares in Brinkley Africa will allow the Company to hold a 75% effective interest in the Uranium projects in the DRC.

Brinkley has today issued the consideration Ordinary Shares and has applied for these shares to be admitted to trading on AIM, which the Board expects will commence on Friday 13 August 2007.

For further information, please contact:

Brinkley Mining Plc
Gerard Holden, Chairman
Donald Strang, Finance Director
Bruce Stewart, Investor Relations
Tel +44 (0) 207 016 5108 Fax +44 (0) 207 016 5101

Beaumont Cornish Limited
Roland 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 9023