On 31 December 2010, London Mining received a notification that UBS Investment Bank had crossed a threshold of more than one whole percentage point and now holds 6.77% of the total voting rights of London Mining Plc.

In accordance with Chapter 5 of the UK FSA's Disclosure and Transparency Rules, shareholders are required to notify London Mining and the FSA of acquisitions or disposals or voting rights which reach, exceed or fall below 3% or any subsequent whole percentage within 2 trading days of the relevant change.

Please see the notification form TR1 enclosed.

The Company's website can be found at: www.londonmining.co.uk:
http://www.londonmining.co.uk/

 

For more information, please contact:

 

London Mining Plc
Thomas Credland, Head of Investor Relations        +44 20 7201 5000

 

Crux Kommunikasjon AS
Charlotte Knudsen        +47 97 56 19 59

 

Brunswick Group       
Carole Cable / Daniel Thöle        +44 20 7404 5959

 

About London Mining
London Mining is focused on identifying, developing and operating mines to become a mid-tier supplier to the global steel industry. Its five assets in Sierra Leone, Colombia, Greenland, Saudi Arabia and China all have deliverable production with potential for expansion. The Company listed on the Oslo Axess on 9 October 2007 and on AIM in London on 6 November 2009. It trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and LOND NO (Bloomberg).

 

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
TR1 UBS Investment Bank:
http://hugin.info/137683/R/1476978/413045.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: London Mining Plc via Thomson Reuters ONE


HUG#1476978