Holding(s) in Company

Aurum Mining PLC
30 October 2007


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.  Identity of the issuer or the underlying issuer of existing shares to
    which voting rights are attached
    AURUM MINING PLC

2.  Reason for the notification (please tick the appropriate box or boxes)

    An acquisition or disposal of voting rights                         (X)

    An acquisition or disposal of financial instruments which may       ( )
    result in the acquisition of shares already issued to which voting
    rights are attached

    An event changing the breakdown of voting rights                    ( )

    Other (specify):                                                    ( )

3.  Full name of person(s) subject to the notification obligation:
    JSC Compass Asset Management ('JSC')
    (see note 13 for further information)

4.  Full name of shareholder(s) (if different from 3.)
    MORSTAN NOMINEES LTD / STATE STRRET BANK & TRUST Co.


    Nominee                Holder             Shares Held        Management       
                                                                 Company*     

    Morstan Nominees       Tau Capital plc    4,269,730           CAM 
    Limited         

    Morstan Nominees       Kazakh Compass     1,482,270           CAM
    Limited                Fund Ltd 

    Morstan Nominees       Compass            548,000             CAM
    Limited                Kazakhstan Ltd 

    State Street Bank      Compass Capital    33,000              JSC
    & Trust Company 


    * See note 13 for further information

5.  Date of the transaction (and date on which the threshold is crossed or
    reached if different):
    29 October 2007

6.  Date on which issuer notified:
    30 October 2007

7.  Threshold(s) that is/are crossed or reached:
    12%, 13%

8.  Notified details:

A. Voting rights attached to shares
Class/type of shares (if possible using the GB00B00T3528 (Ordinary shs)
ISIN code)

 Situation previous to the         Resulting situation after the triggering
  triggering transaction                        transaction
Number of      Number of       Number of  Number of voting    % of voting rights
Shares         Voting Rights   shares     rights
                                          Direct    Indirect   Direct   Indirect
Last           Last            4,269,730           4,269,730            8.95%
notification:  notification:   1,482,270           1,482,270            3.09%
5,733,000      5,733,000         548,000             548,000            1.14%
                                  33,000              33,000            0.07%

B. Financial Instruments

Resulting situation after the triggering transaction
Type of       Expiration   Exercise/             Number of voting    % of voting
financial     date         Conversion Period/    rights that may     rights
instrument                 Date                  be acquired if
                                                 the instrument is
                                                 exercised/
                                                 converted
Total (A+B)
Number of voting rights              % of voting rights
6,333,000                            13.19%

9.  Chain of controlled undertakings through which the voting rights and/
    or the financial instruments are effectively held, if applicable:
    JSC is the parent undertaking of Compass Asset Management Ltd ('CAM').
    See note 13 for further details.

                             Nominee                  Shares Held

    JSC Compass Asset        State Street Bank &         33,000 
    Management               Trust Company 

    Compass Asset            Morstan Nominees         6,300,000
    Management Ltd           Limited 


Proxy Voting:
10.  Name of the proxy holder:         n/a

11.  Number of voting rights proxy     n/a
     holder will cease to hold:

12.  Date on which proxy holder        n/a
     will cease to hold voting
     rights:

13.  Additional information:           Tau Capital plc, Kazakh Compass Fund
                                       Ltd, Compass Kazakhstan Ltd and Compass
                                       Capital hold the shares in respect of
                                       which this notification is given
                                       through the nominee companies named in
                                       paragraph 4 above.

                                       JSC Compass Asset Management ('JSC') is
                                       the parent undertaking of Compass Asset
                                       Management Ltd. ('CAM').

                                       CAM is the investment manager of Kazakh
                                       Compass Fund Ltd and Compass Kazakhstan
                                       Ltd. JSC is the investment manager of
                                       Compass Capital.

                                       Certain of the rights relating to the
                                       investment management of Tau Capital
                                       plc have been sub-delegated to CAM by
                                       Spencer House Compass Capital Limited
                                       (which is the investment manager of Tau
                                       Capital plc).
   
                                       Separate notifications under DTR 5.2.1
                                       have been made in respect of Tau
                                       Capital plc and Spencer House Compass
                                       Capital Limited

14:  Contact name:                     Dinara Alloyarova

15.  Contact telephone number:         [phone] ext 172




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