Holding in Company

RJB Mining PLC
16 November 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

RJB MINING PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

PHOENIX ASSET MANAGEMENT PARTNERS LTD

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18



4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.



5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY

10)  Date of transaction



11)  Date company informed

15.11.00

12)  Total holding following this notification

8,905,000               
              
13)  Total percentage holding of issued class following this notification

6.12

14)  Any additional information

INCREASED HOLDING

15)  Name of contact and telephone number for queries

MEL GARNESS
01302 751751

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .....15 NOVEMBER 2000