Holding(s) in Company

Aurum Mining PLC
01 November 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       4,566,380        CAM 
    Limited                                           

    Morstan Nominees       Kazakh Compass        1,585,620        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):


    30 October 2007

6.  Date on which issuer notified:


    1 November 2007

7.  Threshold(s) that is/are crossed or reached:


    14%

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  Resulting situation after the triggering transaction
   the triggering
     transaction


Number of    Number of    Number of    Number of voting      % of voting rights
Shares       Voting       shares       rights
             Rights
                                       Direct    Indirect    Direct    Indirect


6,333,000    6,333,000    4,568,380              4,566,380             9.51%
                          1,585,620              1,585,620             3.30%
                            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


6,733,000                            14.02%


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          6,700,000 
    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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