Result of EGM

Vane Minerals PLC
08 May 2007

8th May 2007


                               VANE Minerals Plc
                                ('the Company')

                                 Result of EGM

The Company is pleased to announce that all resolutions proposed at the
Extraordinary General Meeting ('EGM'), held at 10am earlier today, have been
duly approved by the shareholders of the Company.

As previously announced, the EGM was convened to seek the authorities necessary
to approve the raising of £1,000,000 through the issue of a fixed rate unsecured
convertible loan note to Geiger Counter Limited, as announced on 12th April
2007. Further to this approval, Geiger Counter and City Natural Resources High
Yield Trust Plc have also undertaken to exercise their conversion rights on the
existing £750,000 loan note into ordinary shares of the Company at the agreed
price of 12p, as announced in September 2006.

Enquiries:

VANE Minerals Plc
Matthew Idiens
[phone]

Ambrian Partners Limited
Richard Brown
[phone]

Parkgreen Communications
Cathy Malins/Annabel Leather
[phone]


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