Result of AGM

RJB Mining PLC
16 May 2000

                        AGM STATEMENT

RJB  Mining  PLC  advises that at its Annual General Meeting of  shareholders,
held in London today, the six ordinary and four special resolutions put to the
meeting  were  approved  by  shareholders.   Mr  Alan  Binder,  non  executive
director, has formally retired from the Board (as announced at the time of the
Preliminary results).

Sales  volumes  in the first four months of the year have been robust  at  7.9
million  tonnes (1999: 7.6 million), producing a reduction in coal  stocks  of
1.7 million tonnes and resulting in good cash flow.

In  our underground mines, development work is scheduled which will affect the
balance  of  production during the year leading to higher unit  costs  in  the
first  half  of  the financial year.  The number of planned  production  panel
changes  for  the year is twenty six, with the timing of these  panel  changes
such that fifteen will occur in the first half.  Production in the second half
will benefit from fewer panel changes with resultant lower unit costs.

The  financial  performance  for the year will be  substantially  affected  by
transitional  State  coal aid, particularly the amount  and  its  timing.   In
response  to  the  Government  statement  on  17  April,  we  are  maintaining
operations  at  Ellington and Clipstone collieries and  have  not  implemented
further  manning reductions.  Development work is to be restarted,  and  there
will  therefore, be a period in which costs will not be offset by income  from
production.   The consultation process for State coal aid commenced  early  in
May,  and the creation of the framework for aid is underway.  This should lead
to a Government submission for approval to the European Commission in June and
a  determination  within three months from that time.  Coal aid  payments  are
expected to be back-dated to an April 17 start date.

Enquiries:

Gavin Anderson & Company
Gerald Gradwell/Fiona Grant Duff                       020 7457 2345


Notes  to Editors: RJB normally has about 20 coal faces (panels) operating  at
any  one  time at its 13 deep mines. Once coal is extracted from  each  panel,
equipment  is  transferred to successor panels in a  process  which  typically
takes about three months to complete. While the total number of panels due for
replacement this year is unaffected and similar to previous years, the phasing
is  such  that more will be completed in the first half of the year,  enabling
mines  to  optimise production capacity in the second half and the approaching
winter period of peak demand.