Holding in Company

SERABI MINING plc ("Serabi" or "the Company")

Serabi Mining  advises that  it  has been  notified that  Trafelet  &
Company UK LLP has reduced its holding in the ordinary shares of  the
Company to 4,708,334 ordinary shares representing a 3.36% interest.



Enquiries:

Serabi Mining plc

Graham Roberts                  Tel: [phone]
Chairman                        Mobile: [phone]

Clive Line                      Tel: [phone]
Finance Director                Mobile: [phone]


Email: [e-mail]
Website:  www.serabimining.com

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