SHARES IN ISSUE

31 January 2011

                                   GREAT WESTERN MINING CORPORATION PLC

                                         (the "Company" or "GWM")

                                              SHARES IN ISSUE

The Board of GWM confirms that the Company has 36,351,065 Ordinary Shares of EURO 0.01 each in issue, with each
Ordinary Share holding one voting right. There are no warrants or options in issue.

The Company's total issued share capital is EURO 363,510.65.

THE DIRECTORS OF THE COMPANY ACCEPT RESPONSIBILTY FOR THE CONTENTS OF THIS ANNOUNCEMENT

                                                ---ENDS---

CONTACT DETAILS:

Great Western Mining Corporation plc.

Emmett O'Connell, Executive Chairman                    Tel:    [phone]
                                                        Fax:    [phone]
                                                        Email:  [e-mail]

Melvyn Quiller, Chief Executive Officer                 Tel:    [phone]
                                                        Email:  [e-mail]

SVS Securities plc - PLUS Corporate Advisor

Alexander Brearley                                      Tel:    [phone]

SVS Securities plc - Broker

Ian Callaway/Alexander Mattey                           Tel:    [phone]

ABOUT GREAT WESTERN MINING CORPORATION PLC

    1.      GWM is an Irish exploration company with rights over approximately 33 square kilometres of mineral
            lode claims in Mineral County, Nevada, U.S.A.
    2.      GWM's shares are admitted to trading on PLUS-quoted in London, trading symbol GWMO.
    3.      Website: www.greatwesternmining.com

Great Western Mining Corporation plc