Result of EGM

17 Feb 2012 13:52

Hambledon Mining Plc ("Hambledon" or the "Company")

Result of Extraordinary General Meeting, Total Voting Rights and Directors' Shareholdings

17 February 2012

Result of Extraordinary General Meeting

At the Extraordinary General Meeting held at 11.30 a.m. today, the special resolution, relating to Directors authorities' to allot shares, was duly passed.

Accordingly, the placing announced on 1 February 2012 to raise US$ 9.06 million (US$8.56 million net of expenses) will proceed and application to the London Stock Exchange for admission to trading on AIM for 177,507,699 ordinary shares has been made and dealings are expected to commence at 8.00 am on 20 February 2012.

Total Voting Rights

The new ordinary shares will rank pari passu with the existing shares of the Company. Following this allotment, the total issued share capital of the Company has increased to 920,926,805 ordinary shares with voting rights. The Company holds no shares in treasury, therefore the total number of voting rights in the Company is 920,926,805.

This figure of 920,926,805 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Directors' Shareholdings

The shareholdings of the Directors in the Company, prior to Admission are and immediately following Admission will be as follows:

Enquiries:

HAMBLEDON MINING:

Telephone +44 (0)207 233 1462Charles Zorab

FAIRFAX I.S. PLC (NOMAD AND BROKER):

Telephone +44 (0)207 598 5368Ewan Leggat/Katy Birkin

TAVISTOCK COMMUNICATIONS:

Telephone +44 (0)207 920 3150Ed Portman/Jos Simson

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