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Exercise of Warrants

10th Mar 2006 14:33

Glencar Mining PLC10 March 2006 GLENCAR MINING PLC Exercise of Warrants 10 March 2006 Warrants to subscribe for 500,000 Ordinary Shares of €0.031 each in the capitalof Glencar Mining plc ("Glencar" or the "Company") have been exercised by LoebAron & Co Limited at a price of €0.045 each today. The new Ordinary Shares rankpari passu in all respects with the existing Ordinary Shares. Application will be made to the London Stock Exchange and to the Irish StockExchange for the new Ordinary Shares to be admitted to trading on the AIM Marketof the London Stock Exchange ("AIM") and on the Irish Enterprise Exchange of theIrish Stock Exchange ("IEX"). Dealing is expected to commence in these shares on16 March 2006. For further information, please contact: Glencar Mining plcHugh McCullough, Chief ExecutiveTel: +353 1 661 9974e-mail: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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