Additional Listing

Metals Exploration PLC

                         Additional Listing

Metals Exploration PLC (the "Company")  announces that it has  issued
and allotted 200,000  new Ordinary Shares  of 1p each  pursuant to  a
memorandum agreement dated 1st February 2005 between the Company  and
Christian Mining Inc ("CMI").

The new Ordinary Shares represent part of the final instalment of the
consideration payable for the purchase from CMI of 20% of FCF  Mining
Corporation, which holds the Mining  Rights in the Runruno  gold-moly
project in the Philippines.  The  other part of the consideration  is
in the form of a cash payment of US$20,000.

The new  Ordinary  Shares will  rank  pari passu  with  the  existing
Ordinary Shares of 1p each in the Company and trading of these shares
on AIM is expected to commence on the 13th February 2008.

The Company's issued share capital consists of 91,773,795 ordinary
shares of 1p each, with one voting right per share. There are no
shares held in treasury.

                                                      7 February 2008

Further information, please contact:


Metals Exploration             Tel: [phone]
Jonathan Beardsworth

Collins Stewart Europe Limited Tel: [phone]
Adrian Hadden / Oliver Quarmby

Pelham PR                      Tel: [phone]
Charles Vivian


ENDS

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