Holding(s) in Company

Griffin Mining Ld
30 March 2007





              60 St James's Street, London SW1A 1LE, United Kingdom

       Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

                       E mail: [e-mail]





                                30th MARCH 2007



                      SUBSTANTIAL SHAREHOLDER NOTIFICATION



Griffin Mining Limited ('the 'Company') was notified yesterday that Black Rock
Inc has an aggregate interest in 18,013,889 ordinary shares in the Company
representing 9.31% of the issued ordinary shares in the Company. As part of this
holding Merrill Lynch International Investment Funds has an interest in
7,658,000 ordinary shares in the Company representing 3.96% of the issued
ordinary shares in the Company.





Further information



Mladen Ninkov - Chairman
                            Telephone: [phone]

Roger Goodwin - Finance Director

Griffin Mining Limited



Adrian Hadden
                                       Telephone:[phone]

Collins Stewart Limited



Hugo de Salis
                                     Telephone: [phone]

St Brides Media & Finance Ltd



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







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