Sale of CIL Plant

Anglo Asian Mining PLC
23 October 2007


                             ANGLO ASIAN MINING PLC
                        ('Anglo Asian' or 'the Company')


                      Sale of Carbon in Leach (CIL) Plant


Anglo Asian Mining PLC (AIM:AAZ) announces that Eureka Mining PLC (a subsidiary
of Celtic Resources PLC) has contracted to buy the company's CIL plant for a
consideration of US$7.5 million ($7.0m after fees). A non-refundable deposit of
10% will be deposited with Anglo Asian this week and the transaction is expected
to be completed by the first week in November.


The $7.0m will form another important part of the funding arrangements for the
Gedabek project.


For further details, please contact:

Anglo Asian Mining PLC

Gordon Lewis, Chief Executive     [phone]
Richard Round, Finance Director   [phone]

Numis Securities Limited

John Harrison                     [phone]

Parkgreen Communications

Justine Howarth                   [phone]
Bex Sanders-Hewett


Notes to editors

The Company completed the Feasibility Study on Gedabek in June, which showed the
development of the property to be economically viable. The study identifies a
mining reserve of 7.7 million tonnes of ore at grades of 1.80 grams per tonne
('g/t') gold, 15.9 g/t silver and 0.29% copper. Gold, silver and copper
production over the mine life has been conservatively estimated to be 311,154 oz
of gold, 1,959,109 oz of silver and 17,424,960 lbs of copper respectively. Under
the JORC code the mining reserve is in the 'probable' mineral reserve category.
Additional ore is expected to be found from the inferred ore within the current
pit boundaries, extensions of the mineralisation already identified outside the
pit and from old mine stockpiles produced from previous underground mining of
the Gedabek deposit.


                      This information is provided by RNS
            The company news service from the London Stock Exchange