Share Buy Back

Griffin Mining Ld
22 June 2006





                            GRIFFIN MINING LIMITED

             60 St James's Street, London SW1A 1LE, United Kingdom

       Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

                       E mail: [e-mail]



                                 22nd JUNE 2006



                                 SHARE BUY BACK



The directors of Griffin Mining Limited ('Griffin' or the 'Company') have passed
a board resolution authorising the Company to purchase its own shares on market.



Primarily, the cash resources of the Company will be dedicated to further
developing and exploring the current operations and any other opportunities that
may become available. Nevertheless the Directors will exercise the Company's
right to acquire shares in itself, when they deem appropriate and at such time
that the share price and cash available determine that such a purchase will be
economically and commercially viable for the Company.



The purchase of the Company's shares will not preclude the consideration of any
future dividend payments.





Further information


Mladen Ninkov - Chairman                 Telephone: [phone]
Roger Goodwin - Finance Director
Griffin Mining Limited

Adrian Hadden / Christopher Rollason     Telephone: [phone]
Collins Stewart Limited

Hugo de Salis                            Telephone: [phone]
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