Grant of Options

Regency Mines PLC
24 January 2006



                                   Regency Mines plc



                                    Grant of Options



Date: 24 January 2006


On the 20th January 2006, the Company approved the granting of the following options over Ordinary Shares of £0.001 in 
the capital of the Company to directors of the Company.

Grantees                 Number of Ordinary Shares      Option Period

Andrew Bell              1,500,000                      20 January 2006 - 20 January 2009
Kenneth Watson           1,500,000                      20 January 2006 - 20 January 2009
John Watkins             1,000,000                      20 January 2006 - 20 January 2009
Julian Lee               1,000,000                      20 January 2006 - 20 January 2009

These options were granted at 3.50p.





Enquiries:


Andrew Bell                07766 474849        Regency Mines plc             Chairman

John Simpson               020 7512 0191       ARM Corporate Finance Ltd     Nominated Adviser

Ron Marshman / John        020 7628 5518       City of London PR Limited     Public Relations
Greenhalgh




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