Grant of Share Options

20 Feb 2006 10:54

Glencar Mining PLC20 February 2006 Glencar Mining plc Grant of Share Options The Board of Glencar Mining plc ("Glencar" or the "Company") has today awardedoptions over ordinary shares of €0.031 under the Company's Share Option Schemeto Directors of the Company as follows: Hugh McCullough 3,000,000 sharesKieran Harrington 2,000,000 sharesSean Finlay 750,000 sharesWilliam Cummins 750,000 sharesPhilip O'Quigley 750,000 shares All the options are exercisable from today for a five year period until 20February, 2011 at an exercise price of €0.105 (Stg£0.072) per share. These options are in addition to options already held by the Directors. For further information, please contact: Glencar Mining plcHugh McCullough, Chief ExecutiveTel: +353 1 661 9974e-mail: info@glencarmining.ie Heneghan PRRachel WatchornTel: +353 1 6607395e-mail: rachel@hpr.ie 20 February, 2006 This information is provided by RNS The company news service from the London Stock Exchange