COMPLETION OF COLOMBIA ACQUISTION

Further to the announcement dated 30 March 2010 regarding the acquisition of the remaining 80% of International Coal Company ("ICC") that London Mining does not already own, the Company is pleased to announce that the transaction has now closed. As such, the Company has issued 3.5 million London Mining shares that form part of the initial consideration to the Sellers and an application has been made for the admission of such shares to trading on AIM with admission expected to occur on 11 May 2010. These shares will rank pari passu in all respects with the existing shares in issue. Following this issue, the Company has a total of 113,253,795 shares in issue. 2.625 million of the Initial Consideration Shares have been placed in an escrow account by the Sellers to satisfy any claims that may arise under the share purchase agreement.

For more information, please contact: 

London Mining Plc 
Graeme Hossie, Chief Executive Officer +44 20 7201 5000
Rachel Rhodes, Finance Director 
Thomas Credland, Head of Investor Relations 

Liberum Capital (Nominated Advisor/Broker) 
Clayton Bush/Ellen Francis +44 20 3100 2000

Crux Kommunikasjon AS  
Charlotte Knudsen +47 97 56 19 59

Brunswick Group 
Carole Cable/ Daniel Thöle +44 20 7404 5959

The Company's website can be found at www.londonmining.co.uk.

About London Mining

London Mining is focused on identifying, developing and operating scaleable mines to become a mid-tier supplier to the global steel industry. London Mining is developing four iron ore mines in Sierra Leone, Saudi Arabia, Greenland and China as well as a coking coal operation in Colombia. All London Mining's assets have deliverable production with potential for expansion. The Company listed on the Oslo Axess on 9 October 2007 and on AIM in London on 6 November 2009. It trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and LOND NO (Bloomberg).