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Additional Listing

28 Mar 2008 07:00

March 28, 2008 SYMBOLS: UME (TSXV), UGY (AIM) Additional Listing on AIM Application has today been made for the admission of 15,000 shares in UruguayMineral Exploration Inc. to trading on AIM. These shares have been issuedpursuant to the exercise of employee share options. Following the exercise of these options, Uruguay Mineral Exploration Inc.confirms that it has a total of 48,860,868 common shares issued and outstanding. ENDS The TSX Venture Exchange has not reviewed and does not accept responsibility forthe adequacy or accuracy of this news release. Editors' note: Uruguay Mineral Exploration Inc. is a gold producer andexploration company focused on identifying and developing mineral opportunitiesin Uruguay. UME is a fully integrated mining company, possessing the skillsnecessary to explore and develop its discoveries. The Company operates the onlyproducing gold mine in Uruguay (San Gregorio), and is also the leading mineralexploration company in Uruguay having assembled an exploration portfolio basedon gold, base metals (copper, nickel, lead, zinc) and diamond prospects. Uruguay Mineral Exploration Inc. is quoted in Canada (TSXV) and London (AIM) andRBC Capital Markets is its Nominated Adviser and Broker. For further information, please contact: Uruguay Mineral Exploration IncTony Shearer, Chairman: +44 20 7602-1570; tonyshearer@btinternet.comDavid Fowler, CEO: 598 2 6016354; urumin@ume.com.uy Investor/Media RelationsEmily Bruning, Shared Value Ltd: +44 (0) 20 7321 5027; ebruning@sharedvalue.net RBC Capital MarketsSarah Wharry: +44 (0)20 7653 4667; sarah.wharry@rbccm.com Copyright Business Wire 2008

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