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BDI Mining Corp (BMG)

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Tuesday 19 October, 2004

BDI Mining Corp

Holding(s) in Company

BDI Mining Corp
19 October 2004

19 October 2004

                                BDI Mining Corp.
                            Shareholder notification

BDI Mining Corp ('BDI') has today received notification that Ocean Resources
Capital Holdings Plc sold 1,000,000 shares in BDI on 18 October 2004.

Ocean Resources Capital Holdings Plc retains 7,000,000 shares in BDI. As BDI's
issued share capital is 58,127,231 shares, Ocean Resources Capital Holdings
Plc's holding now stands at 12.04%. The retained shares are held on Ocean's
behalf by their agent Royal Bank of Canada, Toronto.

     For further information, please contact:
     BDI Mining Corp.
     Chuck Forrest
     T: 001 416 955 9535

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

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