Holding in Company

Ormonde Mining PLC
01 September 2006


The Company Secretary                                                                           31 August 2006

Ormonde Mining Plc

Ormonde House

Metges Lanes

Navan, Co. Meath

Ireland







Re: Holding in Company








A Letter from JP Morgan dated 31 August 2006 to Ormonde Mining plc, received by
Ormonde Mining Plc on 1st September 2006





                               ORMONDE MINING PLC

                     THE IRISH COMPANIES ACT, 1963 TO 2001





On behalf of JPMorgan Chase & Co. ("JPMCC") of 270 Park Avenue New York NY
10017, we would like to advise that JPMCC total aggregate holding in the share
capital of Ormonde Mining Plc ("Company") has decreased from 11.95% to 10.89%.
This is a result of its subsidiary, JPMorgan Asset Management (UK) Limited, in
its capacity as discretionary investment manager for various funds (which
includes the discretion to exercise voting rights), decreasing its interests in
the share capital.  Details are as follows:



Total number of shares (% of share capital): 18,293,292 (10.89%)



Should you require any further information please do not hesitate to contact us.



Yours faithfully,









Michael Kirwan

EMEA Surveillance





















This announcement has been issued through the Companies Announcement Service of



                            The Irish Stock Exchange










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