Annual Report and Accounts

Beowulf Mining plc                               

                                ("the Company")                                

13 June 2008

The Company's Annual Report and Accounts for the year ended 31 December 2007
and the Notice of the Annual General Meeting have been posted to shareholders
today.

A copy of the Annual Report and Accounts will be available shortly on the
Company's website: www.beowulfmining.com

For further information contact :

Dr Robert Young, Beowulf Mining plc Tel. [phone]

Mr Gavin Burnell, Ruegg & Co Limited Tel. [phone]
Roxane Marffy