Directors Interests in Shares

Ormonde Mining PLC
27 August 2003

                Ormonde Mining plc ("Ormonde" or 'the Company')

                         Directors' Interests in Shares

Options over ordinary shares of nominal value €0.025 in the Company (the
"Options") have been granted to the Directors of Ormonde under the Company's
Share Option Scheme (the "Option Scheme"). The exercise price of each option
granted under the Option Scheme is €0.034. The Options are exercisable at any
time up to 13 August, 2013.

The Options granted to Directors were as follows:

Name of Director                          Options granted
C Andrew                                  150,000
K Anderson                                750,000
J Carroll                                 750,000
M Donoghue                                750,000
D O'Beirne                                150,000

The total number of Options held by the Directors under the Option Scheme is now
as follows:

Name of Director                          Options granted
C Andrew                                  900,000
K Anderson                                1,500,000
J Carroll                                 1,500,000
M Donoghue                                750,000
D O'Beirne                                400,000



Enquiries to:

Kerr Anderson - Managing Director

Ormonde Mining plc

Tel: [phone]

[e-mail]

John Carroll - Director

Ormonde Mining plc

Tel: [phone]




27 August, 2003




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