London Mining - Third Quarter 2007 Financial Report

London, Norway, Nov 30, 2007 - (Hugin via ABN Newswire) - During the third quarter, London Mining plc has established a solid platform for future profitability in order to realize the strategy of maximising stakeholder returns by identifying and implementing international projects with superior rates of return.

Please see a full financial report and presentation for the third quarter of 2007 enclosed.

For further information, please contact: London Mining Plc. Chris Brown Managing Director +44 (0) 20 7495 6210

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

About London Mining Plc London Mining Plc is incorporated and registered in the UK, and is a UK-based iron ore mining company with assets in Brazil, Sierra Leone, Greenland and Mexico. The company has a diversified portfolio with existing production and significant planned expansion. London Mining's management and board of directors have extensive mining and finance experience. The company has already raised privately approximately USD 125 million in equity and an additional USD 60 million in debt and acquired an operating iron ore mine in Brazil in May 2007.

London Mining is listed at the Oslo Axess list of Oslo Stock Exchange, under the symbol LOND.

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



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London Mining Plc

http://www.londonmining.co.uk/

ISIN: GB00B1VZK334

Stock Identifier: OSE.LOND