Statement Regarding Press Speculation

Statement Regarding Press Speculation

Hambledon Mining PLC

Hambledon Mining Plc

Statement Regarding Press Speculation

11 March 2011

Further to recent press speculation, the Company can confirm that it is expecting to complete a fundraising shortly at 4 pence per share.

A further announcement will be made in due course.

Enquiries:

Hambledon Mining:
Telephone [phone]Telephone [phone]

Fairfax I.S. PLC:
Nominated Adviser and Joint BrokerNominated Adviser and Joint Broker
Telephone [phone]Telephone [phone]
Ewan Leggat/Katy BirkinEwan Leggat/Katy Birkin

Ambrian Partners Limited:
Joint BrokerJoint Broker
Telephone [phone]Telephone [phone]
Samantha HarrisonSamantha Harrison