PRESS RELEASE: Rambler Metals and Mining PLC: -9-

3,548,000 8.24 1,881,336 --------- ---- --------- During the periods ended 30 April 2010 and 31 July 2009, director, employee and consultant stock options were granted, exercised and cancelled as follows: Weighted average exercise price Options At 1 August 2008 27.0p 1,245,000 Granted 10.0p 2,223,000 Lapsed 46.0p (155,000) --------- At 31 July 2009 23.7p 3,313,000 Granted 35.2p 300,000 Lapsed 44.6p (65,000) --------- At 30 April 2010 24.0p 3,548,000 --------- --------- These may have a dilutive effect on the basic earnings or loss per share in the future. 8. SUBSEQUENT EVENT On 27 May 2010 the Minster of Environment and Conservation informed the company that, under authority of Section 67(3)(a) of the Environmental Protection Act, the Lieutenant- Governor in Council has released the Ming Copper Gold Mine from further environmental assessment, subject to a number of terms and conditions. On 1 June 2010 the Company announced that it has received final environmental approval and project release from the Government of Newfoundland and Labrador for its Ming Copper Gold Mine on the Baie Verte Peninsula, Newfoundland, Canada. Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. FOR FURTHER INFORMATION PLEASE CONTACT: Rambler Metals and Mining PLC George Ogilvie President & CEO +1 (709) 532 4990 or Rambler Metals and Mining PLC Leslie Little Company Secretary +44 (0) 14-8341-9942 www.ramblermines.com or Seymour Pierce Limited Nandita Sahgal/Jeremy Stevenson +44 (0)20 7107 8000 or Pelham Bell Pottinger Klara Kaczmarek +44 (0)20 7861 3883 or Ocean Equities Limited Guy Wilkes +44 (0) 20 786 4370 (END) Dow Jones Newswires June 21, 2010 09:30 ET (13:30 GMT)