Holding in Company

Ormonde Mining PLC
23 October 2006

Ormonde Mining PLC



23rd October 2006



A letter from Man Financial Limited, dated 23rd October 2006, to Ormonde Mining

on 23rd October 2006, received by the Irish Stock Exchange on the 23rd October

2006.



Re: Holding in Company



Subject- Companies Act Section 198(1) Notifiable Interest Disclosure



Please note that as at the close of business 20/10/06 Man Financial Limited are

the beneficial owners of the following:



Security Description                                  Ormonde Mining



ISIN                                                           IE0006627891



Issued Share Capital                                  168,481,586



Holding                                                     10,102,924



% Total Held                                             6.00%





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

our offices.



Yours faithfully,



Nigel Avey

Compliance and Legal Division



This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.


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