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Result of AGM

8th Jun 2011 11:07

Bisichi Mining PLC ("the Company")

The Company is pleased to announce that at the Company's 99th Annual General Meeting held on 7 June 2011 at 30-35 Pall Mall, London SW1Y 5LP all ordinary and special resolutions concerning ordinary and special business were duly passed.

Proxy votes were as follows:

ORDINARY RESOLUTIONS

Resolution 1 To approve and adopt the company's annual report & accounts for the year ended 31 December 2010. Votes VotesThose in favour: 5,893,140 Discretion 7,146Those against 0 Withheld 866,250Resolution 2 To approve the remuneration report for the year ended 31 December 2010. Votes Votes

Those in favour: 5,839,012 Discretion 6,026

Those against 55,056 Withheld 866,442Resolution 3 To declare & approve a final dividend of 3.0 pence per share. Votes Votes

Those in favour: 5,894,740 Discretion 5,546

Those against 0 Withheld 866,250Resolution 4 To appoint as a director Mr G J Casey. Votes Votes

Those in favour: 5,841,067 Discretion 6,527

Those against 0 Withheld 918,942Resolution 5 To re-elect as a director Mr C A Joll. Votes VotesThose in favour: 5,593,067 Discretion 6,527Those against 0 Withheld 1,163,942Resolution 6 To re-elect as a director Mr J A Sibbald. Votes Votes

Those in favour: 5,841,067 Discretion 6,527

Those against 0 Withheld 918,942Resolution 7 To authorise re-appoint PKF (UK) LLP as auditors, to hold office from the conclusion of this meeting until the conclusion of the next AGM. Votes VotesThose in favour: 5,893,567 Discretion 6,527Those against 192 Withheld 866,250Resolution 8 To authorise the directors to determine the remuneration of the auditors. Votes Votes

Those in favour: 5,894,056 Discretion 6,026

Those against 204 Withheld 866,250Special BusinessOrdinary ResolutionsResolution 9 To approve the Option Agreement entered into between the Company and Mr G J Casey. Votes VotesThose in favour: 5,841,067 Discretion 6,719Those against 52,500 Withheld 866,250Resolution 10 To authorise a scrip dividend. Votes Votes

Those in favour: 5,893,643 Discretion 6,047

Those against 404 Withheld 866,442Resolution 11 To approve the directors' authority to allow securities. Votes VotesThose in favour: 5,840,183 Discretion 7,207Those against 52,704 Withheld 866,442Special Resolutions

Resolution 12 To empower the directors to disapply statutory pre-emption rights.

Votes Votes

Those in favour: 5,841,055 Discretion 6,527

Those against 52,704 Withheld 866,250Resolution 13 To authorise the calling of general meetings of the Company on 14 clear days' notice. Votes VotesThose in favour: 5,838,855 Discretion 6,527Those against 2,404 Withheld 918,750Resolution 14 To authorise the Company to make market purchases of its ordinary shares. Votes VotesThose in favour: 5,884,259 Discretion 6,527Those against 500 Withheld 875,250

Copies of the Special Resolutions referred to above have been sent to the National Storage Mechanism and will shortly be available for viewing at www.Hemscott.com/nsm.do

For further information, please contact:

Heather Curtis

Secretary

London & Associated Properties PLC

Tel: 020 7415 50008 June 2011END

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Related Shares:

Bisichi
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Value8,054.98
Change-419.76