TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

FOR:  RAMBLER METALS & MINING PLC

TSX VENTURE SYMBOL:  RAB
AIM SYMBOL:  RMM

June 17, 2011

Notification of Major Interest in Shares

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND and LABRADOR--(Marketwire - June 17, 2011) - Rambler Metals and
Mining Plc (TSX VENTURE:RAB)(AIM:RMM) -

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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the            Rambler Metals and Mining Plc
underlying issuer of existing shares to
which voting rights are attached: ii
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2 Reason for the notification (please tick the appropriate box
or boxes):
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An acquisition or disposal of voting rights                                X
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An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued
to which voting rights are attached
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An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject to the
notification obligation: iii                      Henderson Global Investors
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4. Full name of shareholder(s)
(if different from 3.):iv
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5. Date of the transaction and date on
which the threshold is crossed or reached: v                    16 June 2011
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6. Date on which issuer notified:                               17 June 2011
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7. Threshold(s) that is/are crossed or
reached: vi, vii                                                          5%
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8. Notified details:
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A: Voting rights attached to sharesviii, ix
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Class/type
of
shares 

if
possible 
using    Situation previous
the ISIN to the triggering      Resulting situation after the triggering
CODE     transaction            transaction
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                         Number
               Number        of
                   of    Voting Number     Number of voting     % of voting
               Shares    Rights of shares  rights               rights x
                             -----------------------------------------------
                                                   Indirect
                                 Direct Direct xi       xii Direct  Indirect
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GBP0.01
             Below 5%  Below 5%                     6,419,000            5.20%
GB00B06Y3F14
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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                                               Number of voting
                                             rights that may be
                                                acquired if the
Type of                           Exercise/       instrument is
financial            Expiration   Conversion         exercised/  % of voting
instrument            date xiii   Period xiv         converted.       rights
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C: Financial Instruments with similar economic effect to Qualifying
Financial Instruments xv, xvi
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Resulting situation after the triggering transaction
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                                               Number of
                                   Exercise/      voting
Type of                           Conversion      rights        % of
financial     Exercise  Expiration    period  instrument    voting rights
instrument       price   date xvii     xviii   refers to       xix, xx
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                                                          Nominal    Delta
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Total (A+B+C)
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Number of voting rights                     Percentage of voting rights
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                  6,419,000                               5.20%
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9. Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held, if applicable: xxi
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to
hold:
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12. Date on which proxy holder will cease to hold voting
rights:
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13. Additional information:
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14. Contact name:                          Wayne Powell
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15. Contact telephone number:              020 7818 5611
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Rambler Metals & Mining Plc