Uranium Update

Vane Minerals PLC
11 April 2005



                               VANE Minerals plc

                          Update on Uranium Interests

Vane Minerals ('VANE' or 'the Company') is continuing to make progress in
developing its portfolio of uranium exploration targets.

In the previous announcement (dated 7th March), VANE stated that a total of 35
uranium targets had been identified and were under evaluation, and that seven of
these had been successfully claimed. Since then, a number of these remaining
claim areas have been staked and three further claims have been granted.

However, the Company announces that adverse weather conditions causing road
closures, together with unavoidable external administrative delays, have
slightly delayed completion of this phase of the process. The Company expects to
have completed programme of target acquisition by the end of April.

The 35 properties identified are located within a uranium district with
significant past production as well as significant resources. Due to the
currently buoyant uranium market conditions, however, VANE continues to prefer
not to identify the location until completion of the Company's property
position.

Enquiries:

VANE Minerals plc    Seymour Pierce Limited    Parkgreen Communications
Matthew Idiens       Sarah Wharry              Justine Howarth / Cathy Malins
020 7667 6322        020 7107 8000             020 7493 3713



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