Result of EGM

Ormonde Mining PLC
18 April 2005



                               Ormonde Mining plc

                                 Result of EGM



DUBLIN & LONDON: 18 April 2005 - The Board of Ormonde Mining plc ("Ormonde" or
"the Company") confirms that the resolution proposed for consideration at
today's Extraordinary General Meeting of the Company held in Dublin has been
approved. This resolution granted the Directors authority to disapply
pre-emption rights for the purpose of completing the Placing of 30,100,000 new
Ordinary Shares ("New Ordinary Shares") announced on 24 March, 2005.

Admission of the existing issued share capital and of the New Ordinary Shares to
trading on AIM, and admission of the New Ordinary Shares to trading on the IEX
will become effective tomorrow, 19 April 2005. The AIM admission document can be
downloaded from the Company's website www.ormondemining.com.

Enquiries to:



Kerr Anderson, Managing Director

Ormonde Mining plc Tel: [phone]



Fraser Gardiner, Investor Relations

Ormonde Mining plc Tel: [phone]



Eugenee Mulhern / Fergal Meegan

Davy Corporate Finance Limited Tel: [phone]



Simon Rothschild

Bankside Consultants Tel: [phone] Mobile: [phone]



ENDS



BACKGROUND INFORMATION

Ormonde Mining is quoted on the Irish Enterprise Exchange and expects to be
admitted to trading on AIM on 19 April 2005. The Company is focused on acquiring
and developing gold projects in Spain. Ormonde's portfolio contains advanced
projects with substantial gold (and copper) resources, including La Zarza with
one million ounces of gold, and other properties where the Company anticipates
that drilling will identify significant new resources. The Company has a strong
local Spanish management team, supported by a Board with extensive exploration
expertise in the region and mine development experience.

For more information, please visit www.ormondemining.com or contact the Company
at [e-mail].






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