Metminco Regulatory News (MNC)

Metminco Limited

("the Company")

Issue of New Shares

Metminco Limited issued 1,556,360 fully paid ordinary shares at A$0.12 per share in settlement of June 2010 quarter interest payable to convertible note holders (New Ordinary Shares).

Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is anticipated that Admission will become effective and dealings will commence on or around 4 August 2010.

The New Ordinary Shares will rank pari passu, in all respects, with the existing ordinary shares that are currently in issue and are traded on AIM and the ASX. Following admission of these shares, there will be a total of 835,258,549 ordinary shares in issue.

John Fillmore

Chairman

Metminco Limited

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