Movement in Share Price

Falkland Gold and Minerals Ltd
08 February 2007


                 Falkland Gold and Minerals Ltd (the 'Company')

                       Movement in Company's Share Price


8 February 2007


The Company notes the increase in its share price over recent days.


The Company knows of no matters that fall due to be announced under Rule 11 of
the AIM Rules at this time.


Enquiries:


Falkland Gold and Minerals Limited

Richard Linnell (Chairman) [phone]


W.H. Ireland Limited

Paul Dudley [phone]


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