Purchase of Ore

Purchase of Ore

Hambledon Mining PLC

Hambledon Mining plc

(“Hambledon” or “the Company”)

Hambledon is pleased to announce that it has concluded a further purchase of gold bearing ore from TOO Odak. This second contract for 10,000 tonnes is on the same terms and conditions as the recently concluded initial contract with TOO Odak, details of which were announced in the Production Update on 14 April 2010. First delivery of this ore should be made at the end of May 2010. It is expected to be processed through the Sekisovskoye plant over a period of two months.

Treatment of the initially contracted 10,000 tonnes will be completed by the end of May 2010. Although it is too early to give complete figures, Hambledon is pleased with the outcome so far. The grade of the ore in the initial part-shipments was below the 4.5 g/t expected, with payments adjusted according to the contracted scale. More recent shipments have been close to the expected level.

The Board believes the Company is well placed to be able to conclude further tonnage contracts in future.

Enquiries:

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Hambledon Mining:

Telephone [phone]

Charles Zorab

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Fairfax I.S. PLC:

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Nominated Adviser and Broker

Ewan Leggat