Result of AGM

BEOWULF MINING plc

The Company wishes to announce that at the Company's AGM held yesterday all the
resolutions were passed.

Contact:

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

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

Nick Bealer
King & Shaxson Capital Limited Tel: [phone]

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

Charles Dampney
City Capital Tel: [phone]