Additional Listing

Serabi Mining plc
05 May 2006



SERABI MINING PLC ADDITIONAL LISTING


Serabi Mining plc ('Serabi' or 'the Company') announces that 171,653 options
over 10 pence ordinary shares ('Ordinary Shares') in the Company have been
exercised at a price of 30p per share.


Application has been made for these new Ordinary Shares to be admitted to AIM
and it is expected for trading to commence at 8.00am on the 11th May 2006.


These new Ordinary Shares will, when alloted and issued fully paid, rank pari
passu in all respects with the existing Ordinary Shares now in issue. The total
number of Ordinary Shares in issue following the exercise of these options over
Ordinary Shares will be 109,834,942.


Enquiries: Serabi Mining plc


Graham Roberts                               Tel: [phone]
Chairman                                     Mobile: [phone]


Clive Line                                   Tel: [phone]
Finance Director                             Mobile: [phone]


Chris Sattler                                Tel: [phone]
Manager, Corporate Development               Mobile: [phone]


email: [e-mail]







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