Statement Regarding Press Speculation

11 Mar 2011 10:32

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Hambledon Mining Plc

11 March 2011

Further to recent press speculation, the Company can confirm that it is expecting to complete a fundraising shortly at 4 pence per share.

A further announcement will be made in due course.

Enquiries:

Hambledon Mining:Telephone +44 (0)207 233 1462

Fairfax I.S. PLC:Nominated Adviser and Joint BrokerTelephone +44 (0)207 598 5368Ewan Leggat/Katy Birkin

Ambrian Partners Limited:Joint BrokerTelephone +44 (0)207 634 4700Samantha Harrison

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