Exercise of Options

RNS Number : 6293X

Rambler Metals & Mining PLC

08 December 2010

Rambler Announces Options Exercise

London, England & Baie Verte, Newfoundland and Labrador - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ('Rambler' or the 'Company') announces that it has issued and allotted 30,000 Ordinary Shares following the exercise of options held by the estate of a late employee of the Company. The Company has made application for the 30,000 Ordinary Shares of 1 penny each to be admitted to trading on AIM. Admission is expected to occur on 15 December 2010.

For the purposes of the Disclosure and Transparency Rules, the Company's total issued share capital at the date of this notice consists of 95,515,000 ordinary shares of 1 penny each.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the Disclosure and Transparency Rules.

For more information please contact:

George Ogilvie	Leslie Little
President & CEO	Company Secretary
Tel: +1 (709) 532 4990	Tel: +44 (0) 14-8341-9942
Seymour Pierce Limited Nandita Sahgal Tel: +44 (0)20 7107 8000 Guy Wilkes Ocean Equities Limited Tel: +44 (0) 20 786 4370	Pelham Bell Pottinger Klara Kaczmarek Tel: +44 (0)20 7861 3883