Shearwater Regulatory News (SWG)

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

AURUM MINING PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):______________

3. Full name of person(s) subject to notification obligation:

JSC Compass Asset Management("JSC")

(See paragraph 13 for further information.)

4. Full name of shareholder(s) (if different from 3):

MORSTAN NOMINEES LIMITED

 Nominee Holder Shares Held Management Company*

 Morstan Nominees Tau Capital plc 5,542,000 CAM Limited

 Morstan Nominees Kazakh Compass Fund, Ltd. 1,614,800 CAM Limited

  *See paragraph 13 for further information.

5. Date of transaction (and date on which the threshold is crossed or reached if different):

14 March 2011

6. Date on which issuer notified:

15 March 2011

7. Threshold(s) that is/are crossed or reached:

0%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transactions

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB00B00T3528

7,156,800

7,156,800

0

0

0%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

0

0%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

JSC is the parent undertaking of Compass Asset Management Ltd. ("CAM"). See paragraph 13 for further details.

Nominee Shares Held

Compass Asset Morstan Nominees Limited 0 Management Ltd.

Proxy Voting:

10. Name of proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional information:

Tau Capital plc and Kazakh Compass Fund, Ltd. held the shares in respect of which this notification is given through the nominee companies named in paragraph 4 above.

JSC Compass Asset Management ("JSC") is the parent undertaking of Compass Asset Management Ltd. ("CAM").

CAM is the investment manager of Kazakh Compass Fund and investment advisor of Tau Capital plc.

14 Contact name:

Daniyar Uspanov

15. Contact telephone name:

+7 727 356 03 56