Corporate Action

Ormonde Mining PLC
20 April 2001

ENTITLEMENT ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *ORM
SEDOL CODE              *662-789
TERMS                   *1 New ordinary share for every 8 existing shares held  
                         at IR2p
EX DATE                 *20-04-01
RECORD DATE             *12-04-01
SPLITTING APPLICATION FORMS *10-05-01 3.00pm
RECEIPT OF APPLICATION FORMS *12-05-01 3.00pm
DEALING COMMENCE NEW SHARES *15-05-01
NOTES *