Director/PDMR Shareholding

Avocet Mining PLC ("Avocet" or "the Company")

Share Dealing by PDMR / Primary Insider

The Company announces that on 30 December 2010, Peter Flindell (person discharging managerial responsibility) sold 50,000 shares in the Company at a price of GBP 2.37. Following this trade, Peter Flindell is beneficially interested in 228,607 shares, representing 0.12% of the Company's issued share capital. He also holds 850,000 unapproved share options in the Company.

Contacts:

Jim Wynn, Company Secretary, Avocet Mining PLC, 020 7766 7676

Richard Brown, Ambrian Partners Limited 020 7634 4700