Result of General Meeting of Shareholders

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

                      Result of General Meeting


Serabi Mining plc announces that at the General Meeting of the
Company held on 28 January 2009, shareholders approved all the
ordinary and special resolutions proposed in the notice of meeting
dated 31 December 2008.

Prior to the resolutions being approved the Company had a share
capital comprising 140,139,065 Ordinary Shares of 10 pence each.
Following the approval of the resolutions, the Company has
sub-divided this share capital into 140,139,065 Ordinary Shares of
0.5 pence and 140,139,065 Deferred shares of 9.5 pence.

Application has been made for the new Ordinary Shares of 0.5 pence
each to be admitted to trading on AIM commencing 29 January 2009.
Dealings in the old Ordinary Shares of 10 pence each will cease.  The
Deferred Shares will not be listed on any exchange.

The Company's capital will now consist of 140,139,065 Ordinary Shares
with voting rights  and 140,139,065  Deferred Shares  with no  voting
rights.

The above figure of 140,139,065 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 FSA's Disclosure and Transparency
Rules.



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

Numis Securities Limited
John Harrison                   Tel: [phone]
Nominated Adviser
James Black                     Tel: [phone]
Corporate Broking

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