Re: Holding in Company

Ormonde Mining PLC
09 December 2005

Ormonde Mining plc



09 December 2005



Re: Holding in Company



A Letter from JP Morgan Chase & Co dated 09 December 2005 to Ormonde Mining plc,
received by the Irish Stock Exchange 09 December 2005.







                                                                                               9 December 2005





                               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 has increased from 9.07% to 10.33%. 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), increasing its interests in the share
capital. Details are as follows:



Total number of shares (% of share capital): 15,752,292 (10.33%)



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



Yours faithfully,









Shoaib Shaikh

EMEA Surveillance









This announcement has been issued through the Companies Announcement Service of



                            The Irish Stock Exchange










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