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Exercise of Options

16 Jun 2006 14:11

Griffin Mining Ld16 June 2006 GRIFFIN MINING LIMITED 60 St James's Street, London SW1A 1LE, United Kingdom Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773 E mail: griffin@griffinmining.com 16th JUNE 2006 Griffin Mining Limited ("Griffin" or the "Company") has been notified of theexercise of share purchase options over 33,333 new ordinary shares in Griffin atan exercise price of 30 pence per share. These options were granted in March2004 as part of the grant of options to key employees. Application has today been made for the new ordinary shares issued on theexercise of the aforementioned options to be admitted to trading on AIM, whichis expected to occur on 22nd June 2006. Following the issue of these newordinary shares there will be 183,861,064 Griffin ordinary shares in issue. Further information Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772Roger Goodwin - Finance DirectorGriffin Mining Limited Adrian Hadden / Christopher Rollason Telephone: +44(0)20 7523 8350Collins Stewart 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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