Griffin Mining Regulatory News (GFM)

Griffin Mining Limited  

60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

E mail: griffin@griffinmining.com

Transaction in Own Shares and Total Voting Rights

3rd December 2010

Griffin Mining Ltd ("the Company") announces that on 2nd December 2010 it purchased 25,000 of the Company's own ordinary shares ("Ordinary Shares") at a price of 37p per share. The Ordinary Shares have been purchased for cancellation (the "Purchase and Cancellation").

The purchase represented 0.01% of the Company's issued share capital before the Purchase and Cancellation and was pursuant to the byelaws of the Company and a resolution passed by the directors.

Following the cancellation of these Ordinary Shares there will be 180,913,396 Ordinary Shares in the Company in issue. There are no shares held in treasury.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FSA's Disclosure and Transparency Rules.

Griffin Mining Limited +44 (0) 20 7629 7772

Mladen Ninkov, Chairman

Roger Goodwin, Finance Director

Panmure Gordon (UK) Limited +44 (0) 20 7459 3600

Dominic Morley

Hannah Woodley

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com