Holding(s) in Company

Aurum Mining PLC
18 July 2007



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.  Identity of the issuer or the underlying issuer of existing shares to
    which voting rights are attached

    AURUM MINING PLC

2.  Reason for the notification (please tick the appropriate box or boxes)

    An acquisition or disposal of voting rights                       (X)

    An acquisition or disposal of financial instruments which may     ( )
    result in the acquisition of shares already issued to which
    voting rights are attached

    An event changing the breakdown of voting rights                  ( )

    Other (specify):                                                  ( )

3.  Full name of person(s) subject to the notification obligation:
    Spencer House Compass Capital Limited

    (see note 13 for further information)

4.  Full name of shareholder(s) (if different from 3.)

    MORSTAN NOMINEES LIMITED

5.  Date of the transaction (and date on which the threshold is crossed or
    reached if different):

    26 June 2007, 28 June 2007, 29 June 2007 & 3 July 2007

6.  Date on which issuer notified:

    17 July 2007

7.  Threshold(s) that is/are crossed or reached:

    3%, 4%, 5% & 6%

8.  Notified details:

A. Voting rights attached to shares
Class/type of shares (if possible using the GB00B00T3528 (Ordinary shs)
ISIN code)

Situation previous to  Resulting situation after the triggering transaction
   the triggering
     transaction
Number of    Number of    Number of    Number of voting       % of voting rights
Shares       Voting       shares       rights
             Rights
                                       Direct    Indirect     Direct    Indirect
100,000      100,000      1,800,000              1,800,000              3.75%
                          2,050,000              2,050,000              4.27%
                          2,600,000              2,600,000              5.42%
                          2,900,000              2,900,000              6.04%

(Note: Figures shown are for the resulting situation after each triggering
transaction. The resulting situation after the most recent triggering
transaction was therefore a 2,900,000 indirect holding, representing 6.04%
of total voting rights in the issuer.)

B. Financial Instruments

Resulting situation after the triggering transaction
Type of       Expiration   Exercise/            Number of voting     % of voting
financial     date         Conversion Period/   rights that may      rights
instrument                 Date                 be acquired if
                                                the instrument is
                                                exercised/
                                                converted

Total (A+B)

Number of voting rights              % of voting rights

2,900,000                            6.04%

9.  Chain of controlled undertakings through which the voting rights and/
    or the financial instruments are effectively held, if applicable:

    N/A

Proxy Voting:

10.  Name of the proxy holder:        n/a


11.  Number of voting rights proxy    n/a
     holder will cease to hold:


12.  Date on which proxy holder       n/a
     will cease to hold voting
     rights:


13.  Additional information:          Spencer House Compass Capital Limited
                                      ('SHCC') is the investment manager of
                                      Tau Capital plc. Certain of these
                                      rights have been sub-delegated to
                                      Compass Asset Management Ltd (a
                                      shareholder in SHCC), Tau Capital plc
                                      holds the shares in respect of which
                                      this notification is given through the
                                      nominee company named in paragraph 4
                                      above.


14:  Contact name:                    Cynthia Edwards


15.  Contact telephone number:        01624 681 381




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