Holding in Company

Ormonde Mining PLC
13 October 2006

A letter from Gartmore Investment Management plc to Ormonde Mining PLC, dated
9th October 2006, received by the Irish Stock Exchange Ltd on the 13th of
October 2006.



Re: Holding in Company



13th of October 2006





We, Gartmore Investment Limited (GIL), Gartmore Fund Managers Limited (GFM) and
Gartmore Global Partners (GGP), write to advise you pursuant to Section 67 of
the Irish Companies Act 1990, that we no longer have a reportable interest in
your company by virtue of sale of 878,408 shares on 6th October 2006:



As a result, our aggregate discretionary holding is now 4.62%.



Yours faithfully,



For and on behalf of Gartmore Investment Management PLC



Elizabeth Friedman

RDU Analyst

020 7782 2843





This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.




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