MANDATORY NOTIFICATION OF TRADE IN LONDON MINING

General Manager for London Mining's operations in Brazil, Luciano Ramos, who is a primary insider of London Mining plc, has sold 2,000 shares at a price of GBP 3.39 per share.  After this transaction, Mr. Ramos holds 79,667 shares in London Mining PLC as well as 1,500,000 share options.

For further information, please contact:

London Mining Plc
Graeme Hossie, Corporate Development & Deputy Managing Director, +44 (0) 20 7495 6210

Notes to the Editors:
London Mining is incorporated and registered in the UK, and is developing mines to supply the global steel industry. The Company has operational mining, exploration and development projects located in Brazil, Sierra Leone, Saudi Arabia, Greenland and Mexico, and has total iron ore resources of 1.9 billion tonnes containing an estimated 714Mt of iron.

On 9 October 2007, London Mining listed on the Axess market of the Oslo Stock Exchange and is now trading under the Reuters symbol LOND.OL and Bloomberg symbol LOND:NO.

Please also visit our website www.londonmining.co.uk for more information about London Mining and its operations.