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Issue of Equity

18th Jul 2007 12:26

BEOWULF MINING PLC Issue of Equity

The board of Beowulf Mining plc ('Beowulf') is pleased to announce the exercise of 150,000 warrants over new ordinary shares of ‚£0.01 each in the capital of the company at an exercise price of ‚£0.01 per share.

Following the issue of the resulting shares the issued share capital of the Company will be 66,548,247. Application will be made for the new shares to be admitted to trading on AIM on 25 July 2007.

For further information contact:

Dr Robert Young, Beowulf Mining plc Tel. +44 (0) 1353 649 701

Mr Gavin Burnell, Ruegg & Co Limited Tel. +44 (0) 207 584 3663

Mr Gary Middleton, St. Swithins PR Tel. +44 (0) 207 929 4391

Mr. Nick Bealer, King & Shaxson Tel. +44 (0) 207 426 5986

BEOWULF MINING PLC

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Beowulf
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