London Mining Plc (OSL:LOND) London Mining - MANDATORY NOTIFICATION OF TRADE

London Mining Plc (OSL:LOND) On 21 January 2009, London Mining received a notification from Fenlight Trustees Limited ("Fenlight"), the independent trustee of the London Mining Long Term Incentive Trust, that Fenlight, on 15 January 2009 purchased 2 million shares in London Mining, resulting in a crossing of the threshold of 3 percent in accordance with Chapter 5 of the UK FSA's Disclosure and Transparency Rules. After the transaction, Fenlight directly held and had voting rights over 3,288,600 ordinary shares in London Mining, representing 3.00236 percent of the voting rights.

In addition, Fenlight purchased 400,000 ordinary shares in London Mining Plc on 20 January. Following this purchase Fenlight now directly holds and has voting rights over 3,688,600 ordinary shares representing 3.3675% of the voting rights.

Please see the notification form enclosed.

For further information, please contact:

London Mining Plc Rachel Rhodes, Finance Director +44 (0)20 7201 5000

Crux Kommunikasjon AS Charlotte Knudsen +47 97 56 19 59

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 Sierra Leone, Saudi Arabia, Greenland, Mexico and South Africa, and has total iron ore resources of 1.3 billion tonnes containing an estimated 461 million tonnes of iron. In 2007, London Mining raised over USD 185 million to advance iron ore production from its projects, and listed on the Oslo Axess, a marketplace regulated by the Oslo Stock Exchange on 9 October 2007. In August 2008 London Mining sold its Brazilian operations to Arcelor Mittal for USD 810 million and returned USD 344 million to shareholders and USD 60 million to bond holders. The balance of funds received is being allocated to existing and new projects. London Mining is 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.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/137683/R/1284319/287737.pdf

London Mining Plc

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

ISIN: GB00B1VZK334

Stock Identifier: OSE.LOND