Holding in Company

SERABI MINING plc ("Serabi" or "the Company")

Serabi Mining  advises  that  it  has  been  notified  that  Barclays
Stockbrokers Limited has a notifiable interest of 7,029,671  ordinary
shares in  the capital  of the  Company, representing  5.016% of  the
ordinary shares in issue.   Barclays Stockbrokers Limited holds  only
an indirect interest over the voting rights of these shares


Enquiries:

Serabi Mining plc

Graham Roberts                  Tel: [phone]
Chairman                        Mobile: [phone]

Clive Line                      Tel: [phone]
Finance Director                Mobile: [phone]


Email: [e-mail]
Website:  www.serabimining.com

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