Transfer to the IEX

Ormonde Mining PLC
12 April 2005

12 April, 2005



                               Ormonde Mining plc

              Transfer of Dealing to the Irish Enterprise Exchange



DUBLIN & LONDON: 12 April 2005 - Ormonde Mining plc ("Ormonde" or "the Company")
advises that, with effect from the start of trading today, its market quotation
on the Irish Stock Exchange will be transferred from the Exploration Securities
Market ("ESM") to the new Irish Enterprise Exchange ("IEX").

Chairman Mike Donoghue commented: "Ormonde welcomes the introduction of the IEX
and believes that this quotation, in association with the Company's forthcoming
admission to the AIM market of the London Stock Exchange, provides suitably
flexible markets appropriate to the current stage of Ormonde's development."

Davy remains as Irish broker to the Company and will also act as IEX Adviser
pursuant to the IEX Rules.



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 an Irish company 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].


                      This information is provided by RNS
            The company news service from the London Stock Exchange              RMDGKZM