Increase in Hampton Stake

Metminco Increases Interest in Hampton from 69.4% to 71.9%

Metminco Limited ("Metminco"), the ASX and AIM listed mining exploration company with assets in Chile and Peru, has completed the acquisition of 5,376,562 fully paid ordinary shares in Hampton Mining Limited ("Hampton"), increasing its interest in Hampton from 69.4% to 71.9%. Consideration for the acquisition was satisfied by the issue of 21,506,248 fully paid ordinary Metminco shares (New Ordinary Shares).

Hampton's premier project is the Los Calatos copper and molybdenum porphyry deposit located in southern Peru, near and in a similar geological setting to three large existing copper-molybdenum porphyry mines. At Los Calatos, Hampton has recently announced estimated JORC compliant resources (at a 0.2% copper cut-off grade) of 926 million tonnes, made up of Indicated Resources of 111 million tonnes at 0.39% Cu and 380ppm Mo and Inferred Resources of 815 million tonnes at 0.37% Cu and 260ppm Mo.

Hampton's other advanced projects are the Mollacas copper leach project and the Vallecillo gold-zinc project. Both these projects are located in Chile, approximately 500km north of Santiago.

Application will be made to the London Stock Exchange for the New Ordinary Shares to be admitted to trading on AIM. It is anticipated that Admission will become effective and dealings will commence on or around 3 August 2010.

The New Ordinary Shares will rank pari passu, in all respects, with the existing ordinary shares that are currently in issue and are traded on AIM and the ASX. Following admission of these shares, there will be a total of 833,702,189 ordinary shares in issue.

John Fillmore

Chairman

Metminco Limited

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