Holding(s) in Company

Thor Mining PLC
29 September 2006


                                   THOR MINING PLC

                              SIGNIFICANT SHAREHOLDERS


Dated: 29eptember 2006


Thor Mining PLC ('Thor' or the 'Company') is only aware of the following persons
who, immediately following the Admission to AIM and listing on the Australian
Stock Exchange, directly or indirectly, jointly or severally, hold or will hold
3 per cent or more of any class of AIM security of the Company:


                                               Number of        Percentage of          Number of          Percentage of
                                         Ordinary Shares       issued capital           warrants               Warrants
Name                                         immediately          immediately        immediately            immediately
                                               following            following          following              following
                                               Admission            Admission          Admission              Admission

Batavia Mining Limited                        16,000,000               12.32%          8,500,000                 12.60%
Tennant Creek Gold Limited                    15,000,000               11.55%          7,500,000                 11.12%
RAB Capital Master Fund Ltd                   15,416,666               11.87%          7,708,333                 11.43%
Vidacos Nominees Limited                       7,349,226                5.66%          3,674,613                  5.45%
ANZ Nominees Limited                           4,055,282                3.12%          2,027,641                  3.01%
Pershing Keen Nominees Ltd                     4,955,000                3.81%          2,477,500                  3.67%


Enquiries:


John Young          + 61 (0)419 954 020     Thor Mining PLC                 Chief Executive Officer

John Simpson        020 7512 0191           ARM Corporate Finance Limited   Nominated Adviser

Abigail Singleton   020 7429 6606           Conduit PR Limited              Public Relations/UK
                    or
                    07739 461 061

Nicolas Read        + 61 (0) 8 9388 1474    Jan Hope & Partners                 Public Relations/Australia


Updates on the Company's activities are regularly posted on Thor's website
www.thormining.com, which includes a facility to register to receive regular
updates by email.


                      This information is provided by RNS
            The company news service from the London Stock Exchange