Rule 2.10 Announcement : CORRECTION

Serabi Mining plc (the "Company")

Rule 2.10 Announcement: Correction

The Company announces that, in accordance with Rule 2.10 of the City
Code on Takeovers and Mergers, at close of business on 3 November
2008 the Company had the following relevant securities in issue:

140,139,065 ordinary shares of 10p each, not 1p each as previously
announced.

The ISIN reference number for these securities is GB00B074J639.

Enquiries:

Serabi Mining plc
Clive Line
07710151692

Numis Securities  (Nominated Adviser)

020 7260 1000
John Harrison
Stuart Skinner

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