Holding in Company

Griffin Mining Ld
27 March 2001


GRIFFIN MINING LIMITED

NOTIFICATION OF INTEREST IN GRIFFIN MINING LIMITED

Griffin Mining Limited ('the Company') has today been notified that on 23rd
March 2001, Everett Financial Management Limited sold 2,843,000 Ordinary
Shares to its clients, leaving Everett Financial Management Limited with a
balance of 4,772,000 Ordinary Shares representing 5.77% of the Ordinary Shares
in issue


Further information

Roger Goodwin - President                                                
Telephone: [phone]

Charles Dampney - Charles Stanley                                         
Telephone: [phone]

Laurence Read - Golin/Harris Ludgate                                         
Telephone: [phone]

Griffin Mining Limited's shares are quoted on the Alternative Investment
Market (AIM) of the London Stock Exchange (symbol GFM). 
The Company's news releases are available on the Company's web site:
www.griffinmining.com