Exercise of Warrants

Eurasia Mining PLC
26 April 2006

                                                                   26 April 2006

                               EURASIA MINING PLC


        Exercise of Warrants and Convertible Redeemable Loan Notes 2008


Eurasia Mining plc ('the Company') announces that on 24 April 2006 the following
holders of Unsecured Convertible Redeemable Loan Notes (the 'Loan Notes')
elected to convert the following number of Loan Notes into new ordinary shares
in the share capital of the Company at a price of 5p per ordinary share.

Registered Holder      Number of Loan     Principal Amount            Number of ordinary shares (following
                       Notes                                          conversion of the Loan Notes)

City Equities          20                 £200,000                    4,000,000
(Nominees) Limited
Terence Arthur Cross   2                  £20,000                     400,000
and Jean Cross


On the same date, City Equities (Nominees) Limited exercised the following
number of warrants to subscribe for ordinary shares in the company at a price of
5p per share (the 'Warrants'):

Registered Holder      Number of Warrants Principal Amount             Number of ordinary shares (following
                                                                       exercise of the Warrants)

City Equities          4,000,000          £200,000                     4,000,000
(Nominees) Limited


Application will be made for the ordinary shares created pursuant to both the
conversion of the Loan Notes and the exercise of the Warrants (the 'New Ordinary
Shares') to be admitted to trading on AIM. Admission is expected to take place
on 3 May 2006.

The total number of issued ordinary shares in the Company, including the New
Ordinary Shares, will be 112,161,717 ordinary shares.


For further information contact:

Christian Schaffalitzky, Eurasia Mining plc           Tel:  [phone]

David Youngman, W.H. Ireland Ltd.                     Tel:  [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange