Grant of Options

27 Oct 2006 16:20

Ormonde Mining PLC27 October 2006 Ormonde Mining plc ("Ormonde" or the "Company") RE: Grant of Options to Directors Ormonde granted options over Ordinary Shares of €0.025 in the Company toDirectors on 27 October 2006 as follows: Director Options granted Total Options held on 27 October 2006 Following grantMike Donoghue 300,000 1,750,000Fraser Gardiner 300,000 900,000Paul Mihalop 600,000 600,000 The exercise price for each option is €0.21 and the options are exercisable fora period of 10 years up to 26 October 2016. 27 October 2006 This information is provided by RNS The company news service from the London Stock Exchange