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Griffin Mining Ld 08 July 2005 8th July 2005 EXERCISE OF WARRANTS Griffin Mining Limited ('Griffin' or the 'Company') has received notices exercising warrants over 4,925,000 new ordinary shares in Griffin at an exercise price of £0.20 per share for net proceeds to the Company of £985,000. These warrants were granted as part of an equity placing in August 2003. Application has today been made for the new ordinary shares issued on the exercise of the aforementioned warrants to be admitted to trading on AIM, which is expected to occur on 14th July 2005. Following the issue of these new ordinary shares, there will be 183,252,731 Griffin ordinary shares in issue. Further information Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772 Roger Goodwin - Finance Director Griffin Mining Limited Philip Davies Telephone: +44(0)20 7953 2000 Charles Stanley & Company Limited Hugo de Salis Telephone: +44(0) 20 7242 4477 St Brides Media & Finance Ltd Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). The Company's news releases are available on the Company's web site: www.griffinmining.com This information is provided by RNS The company news service from the London Stock Exchange
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