Extension of Loan Notes

Eurasia Mining PLC
31 March 2008

                               Eurasia Mining plc
                          ('Eurasia' or the 'Company')


                            Extension of Loan Notes


Eurasia confirms that the holders of the unlisted Series A 8% Convertible
Redeemable Loan Notes 2008 (the 'Loan Notes') have today agreed to the following
amendments to the Loan Note Instrument, dated 31 March 2006, in respect of the
Loan Notes:

•    the Redemption Date of the Loan Notes be extended for a period of 12 months 
     in the case of Chase Nominees Limited and for 24 months for all other
     holders of the Loan Notes; and

•    the interest rate of the Loan Notes be increased from 8% to 12% per annum 
     with effect from 31 March 2008.


In addition, in further consideration of the Loan Notes being extended each Loan
Note holder will receive warrants over 20 ordinary shares in the share capital
of the Company in respect of each £1 of Loan Note held. These warrants can be
exercised at any time up to 36 months at a price of 5 p per ordinary share.

The total value of the Loan Notes is £470,000 of which the directors of the
Company hold £150,000 as follows:

•    Mr Martineau, through his wife, holds £50,000 of Loan Notes;

•    Mr Fitzgerald holds £50,000 of Loan Notes; and

•    Mr Schaffalitzky holds £50,000 of Loan Notes.

In the absence of any independent director, WH Ireland Limited, as nominated
adviser confirms that it believes that the terms of the transaction are fair and
reasonable insofar as its shareholders are concerned.



For further information, please contact:

Christian Schaffalitzky, Eurasia Mining plc - 020 7495 4877
David Youngman, WH Ireland Limited - 0161 832 2174




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