Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------+

+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | Serabi Mining plc|
|of existing shares to which voting rights are | |
|attached: ii | |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes): |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of voting rights |   |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of qualifying financial instruments which | |
|may result in the acquisition of shares already issued to which |   |
|voting rights are attached | |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of instruments with similar economic |   |
|effect to qualifying financial instruments | |
+---------------------------------------------------------------------+--------+
|An event changing the breakdown of voting rights |   |
+---------------------------------------------------------------------+--------+
|Other (please specify): Issue of new voting shares by the Company | X |
+--------------------------------------+------------------------------+--------+
|3. Full name of person(s) subject to | |
|the | Christopher Kingsman|
|notification obligation: iii | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | Greenwood Investments Ltd|
|(if different from 3.):iv | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 22 June 2010|
|reached: v | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: |  24 June 2010|
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| previously 27.46%|
|reached: vi, vii | |
+--------------------------------------+---------------------------------------+

+-------------------------------------------------------------------------------+
|8. Notified details: |
+-------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix |
+------------+----------------------+-------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +----------+-----------+---------+-----------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of  voting |
|using |of |of |of shares|rights |rights x |
|the ISIN | ares |V ting +---------+------+----------+------+--------+
|CODE | |Rights |Direct |Direct|Indirect |Direct|Indirect|
| | | | |xi |xii | | |
+------------+----------+-----------+---------+------+----------+------+--------+
|GB00B074J639| | | | | | | |
| |90,000,000|90,000,000 |  |  |90,000,000|  |20.10% |
|  | | | | | | | |
+------------+----------+-----------+---------+------+----------+------+--------+

+-------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+-------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+--------------------+------------------+-------------+
|Type of |Expiration|Exercise/ |Number of voting |% of voting |
|financial |date xiii |Conversion Period |rights that may be|rights |
|instrument | |xiv |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+--------------------+------------------+-------------+
|  |  |  |  |  |
+--------------+----------+--------------------+------------------+-------------+

+-------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments xv, xvi |
+-------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+---------+----------+----------+------------------+--------------+
|Type of |Exercise |Expiration|Exercise/ |Number of voting |% of voting |
|financial |price |date xvii |Conversion|rights instrument |rights xix, xx|
|instrument | | |period |refers to |  |
| | | |xviii |  | |
+-------------+---------+----------+----------+------------------+-------+------+
| | | | |  |Nominal|Delta |
|  |  |  |  |  +-------+------+
| | | | | |  |  |
+-------------+---------+----------+----------+------------------+-------+------+

+-------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+------------------------------------------+
|90,000,000 |20.01% |
+------------------------------------+------------------------------------------+

+----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or |
|the |
|financial instruments are effectively held, if applicable: xxi |
+----------------------------------------------------------------------------+
|Christopher Kingsman is the controlling shareholder of Greenwood Investments|
| Ltd|
+----------------------------------------------------------------------------+

+----------------------------------------------------------------------------+
|Proxy Voting: |
+-------------------------------------------------+--------------------------+
|10. Name of the proxy holder: |  |
+-------------------------------------------------+--------------------------+
|11. Number of voting rights proxy holder will | |
|cease |  |
|to hold: | |
+-------------------------------------------------+--------------------------+
|12. Date on which proxy holder will cease to hold|  |
|voting rights: | |
+-------------------------------------------------+--------------------------+

+-----------------------------+----------------------------------------------+
| | |
|13. Additional information: | |
+-----------------------------+----------------------------------------------+
|14. Contact name: | Christopher Kingsman|
+-----------------------------+----------------------------------------------+
|15. Contact telephone number:| 020 3287 2323|
+-----------------------------+----------------------------------------------+



[HUG#1427186]








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Source: Serabi Mining plc via Thomson Reuters ONE


Unternehmen: Serabi Mining plc - ISIN: GB00B074J639