Change of Adviser

22 Feb 2008 09:06

Beowulf Mining plc ('Beowulf' or the 'Company') Change of Adviser

Beowulf (AIM: BEM), the AIM-traded mineral exploration company which owns the Ballek copper gold uranium project, the Ruoutevare iron project and the Grundtrask gold project in Northern Sweden, announces the appointment of Alexander David Securities Limited as sole Broker to the Company, with immediate effect.

Bob Young, Chairman commented "We would like to thank King & Shaxson Capital Limited and City Capital Securities Limited for their services and look forward to working with Alexander David".

Dr. Robert Young, Chairman Beowulf Mining Plc

+44 (0)1353 649 701

Gavin Burnell Ruegg & Co Limited

+44 (0)207 584 3663

David Scott/Nick Bealer Alexander David Securities Limited

+44 (0)207 448 9800

Gary Middleton St. Swithins PR Ltd

07951 603 289