Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Griffin Mining Limited

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights- Purchase 91,200 shares 7/7/08

Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify): *Reduction of issued share capital following AGM on 13/6/08 resulted in our holding increasing to 5.19%. Further shares were purchased on 7/7/08 as detailed above.

Yes

3. Full name of person(s) subject to notification obligation:

Majedie Asset Management Ltd

4. Full name of shareholder(s) (if different from 3):

5. Date of transaction (and date on which the threshold is crossed or reached if different):

7 July 2008

13 June 2008*

6. Date on which issuer notified:

8 July 2008

7. Threshold(s) that is/are crossed or reached:

Above 5%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

0050384

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

9,429,058

Number of voting rights

9,429,058

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

9,520,258

Direct

Indirect

5.24%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

9,520,258

5.24%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

Proxy Voting:

10. Name of proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

Majedie Asset Management Ltd is a discretionary Fund Manager. It invests funds on behalf of its clients on a segregated basis as well as through its pooled vehicle Majedie Asset Management Investment Fund Company.

14 Contact name:

Roger Goodwin - Finance Director

15. Contact telephone name:

+44(0)20 7629 7772