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Rule 8.3 - Churchill Mining plc

29th Sep 2009 10:21

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the City Code on Takeovers and Mergers)

1. KEY INFORMATION

Name of person dealing (Note Midas Investment Management Ltd 1) Company dealt in Churchill Mining plc Class of relevant security to Ordinary which the dealings being disclosed relate (Note 2) Date of dealing 28 September 2009

2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of

relevant security dealt in (Note 3) Long Short Number (%) Number (%) (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total

(c) Rights to subscribe (Note 3)

Class of relevant security: Details 3. DEALINGS (Note 4) (a) Purchases and sales Purchase/sale Number of securities Price per unit (Note 5) Sale 25,000 0.944

(b) Derivatives transactions (other than options)

Product name, Long/short (Note Number of securities Price per unit

6) (Note 7) (Note 5)

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product Writing, Number of Exercise Type, Expiry Option e.g. name, e.g. selling, securities price date money to American, call purchasing, paid/ option which the European received varying etc. option etc. per unit (Note relates 5) (Note 7) (ii) Exercising Product name, e.g. call Number of securities Exercise price per unit option (Note 5) Warrants 25,000 20p

(d) Other dealings (including new securities) (Note 4)

Nature of transaction Details Price per unit (if (Note 8) applicable) (Note 5) 4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 8 attached? (Note NO 9) Date of disclosure 29 September 2009 Contact name David Rodrigues Telephone number 0161 242 2895 If a connected EFM, name of offeree/ offeror with which connected If a connected EFM, state nature of connection (Note 10)

Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

vendor

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