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8 Jul 2005 08:50

Griffin Mining Ld08 July 2005 8th July 2005 EXERCISE OF WARRANTS Griffin Mining Limited ("Griffin" or the "Company") has received noticesexercising warrants over 4,925,000 new ordinary shares in Griffin at an exerciseprice of £0.20 per share for net proceeds to the Company of £985,000. Thesewarrants were granted as part of an equity placing in August 2003. Application has today been made for the new ordinary shares issued on theexercise of the aforementioned warrants to be admitted to trading on AIM, whichis expected to occur on 14th July 2005. Following the issue of these newordinary shares, there will be 183,252,731 Griffin ordinary shares in issue. Further information Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772Roger Goodwin - Finance DirectorGriffin Mining Limited Philip Davies Telephone: +44(0)20 7953 2000Charles Stanley & Company Limited Hugo de Salis Telephone: +44(0) 20 7242 4477St Brides Media & Finance Ltd 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 This information is provided by RNS The company news service from the London Stock Exchange

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