Directorate Change

BEOWULF MINING PLC                               

                 APPOINTMENT OF DIRECTOR AND ISSUE OF OPTIONS                  

5 June 2008.

The directors of Beowulf Mining PLC ("Beowulf") the AIM - traded mineral
exploration company with iron, gold, copper and uranium projects in Northern
Sweden (AIM:BEM) are pleased to announce that Mr Clive Sinclair-Poulton has
been appointed as a director.

Aged 52, he studied law at Cambridge University graduating in 1978, before
starting a twenty year career in investment banking in London with Citibank and
Security Pacific (now Bank of America) as well as stockbrokers Hoare Govett.
After founding and then selling a stockbroking firm he became a founding
shareholder and executive chairman of the AIM - traded themutual.net (AIM:TMN).
He has been involved in natural resources for fifteen years. Most recently,
Clive was a founder member of Tanzania Gold Ltd which, following a reverse
take-over, was first renamed Tanzania Gold plc then Bezant Resources plc. He
was CEO of AIM listed Bezant Resources plc (AIM:BZT) with copper and gold
assets in Tanzania and the Philippines until he stepped down in February this
year. He continues to have a consulting role with Bezant Resources. He is
resident in Ireland.

In addition, the directors have granted the following options which each expire
on 3 June 2012 and have an 18 month vesting period:-

Mr. Clive Sinclair-Poulton 2,500,000 options exercisable at 5p per share

Mr. Anthony Scutt 250,000 options exercisable at 6p per share

Mr. Jan-Ola Larsson 250,000 options exercisable at 6p per share

Mr Edward Taylor 250,000 options exercisable at 6p per share.

Contact :

Dr. Robert Young, Chairman
Beowulf Mining PLC
Tel: [phone]

Gavin Burnell
Ruegg & Co. Limited
Tel: [phone]

Nick Bealer/David Scott
Alexander David Securities Limited
Tel: [phone]

Gary Middleton
St Swithin's Public Relations
Tel : [phone]