Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                               |
+------------------------------------------------------------------------------+

+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying   |                               |
|issuer                                        |              Serabi Mining PLC|
|of existing shares to which voting rights are |                               |
|attached: ii                                  |                               |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes):     |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of voting rights                           |       |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of qualifying financial instruments which  |       |
|may result in the acquisition of shares already issued to which voting|       |
|rights are attached                                                   |       |
+----------------------------------------------------------------------+-------+
|An acquisition or disposal of instruments with similar economic effect|       |
|to qualifying financial instruments                                   |       |
+----------------------------------------------------------------------+-------+
|An event changing the breakdown of voting rights                      |       |
+----------------------------------------------------------------------+-------+
|Other (please specify): Issue of new shares by the company            |   x   |
+--------------------------------------+-------------------------------+-------+
|3. Full name of person(s) subject to  |                                       |
|the                                   |                        Alexander Ruhle|
|notification obligation: iii          |                                       |
+--------------------------------------+---------------------------------------+
|                                      |Alexander Ruhle directly and indirectly|
|4. Full name of shareholder(s)        |Elliston Properties Ltd for which Mr.  |
|(if different from 3.):iv             |Ruhle is investment manager            |
|                                      |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |                             22/06/2010|
|reached: v                            |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |                             22/06/2010|
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|                               below 4%|
|reached: vi, vii                      |                                       |
+--------------------------------------+---------------------------------------+

+---------------------------------------------------------------------------------+
|8. Notified details:                                                             |
+---------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix                                     |
+------------+---------------------+----------------------------------------------+
|Class/type  |Situation previous   |Resulting situation after the triggering      |
|of          |to the triggering    |transaction                                   |
|shares      |transaction          |                                              |
|            +---------+-----------+---------+--------------------+---------------+
|if possible |Number   |Number     |Number   |Number of voting    |% of  voting   |
|using       |of       |of         |of shares|rights              |rights x       |
|the ISIN    |  ares   |Vo ing     +---------+---------+----------+------+--------+
|CODE        |         |Rights     |Direct   |Direct xi|Indirect  |Direct|Indirect|
|            |         |           |         |         |xii       |      |        |
+------------+---------+-----------+---------+---------+----------+------+--------+
|GB00B074J639|         |           |         |         |          |      |        |
|            |5,139,096|10,860,000 |5,139,096|5,139,096|10,860,000|1.15% |2.43%   |
|            |         |           |         |         |          |      |        |
+------------+---------+-----------+---------+---------+----------+------+--------+

+---------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                              |
+---------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                             |
+--------------+----------+-------------------+---------------------+-------------+
|Type of       |Expiration|Exercise/          |Number of voting     |% of voting  |
|financial     |date xiii |Conversion Period  |rights that may be   |rights       |
|instrument    |          |xiv                |acquired if the      |             |
|              |          |                   |instrument is        |             |
|              |          |                   |exercised/ converted.|             |
+--------------+----------+-------------------+---------------------+-------------+
|              |          |                   |                     |             |
+--------------+----------+-------------------+---------------------+-------------+

+---------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial    |
|Instruments xv, xvi                                                              |
+---------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                             |
+-------------+--------+----------+----------+---------------------+--------------+
|Type of      |Exercise|Expiration|Exercise/ |Number of voting     |% of voting   |
|financial    |price   |date xvii |Conversion|rights instrument    |rights xix, xx|
|instrument   |        |          |period    |refers to            |              |
|             |        |          |xviii     |                     |              |
+-------------+--------+----------+----------+---------------------+-------+------+
|             |        |          |          |                     |Nominal|Delta |
|             |        |          |          |                     +-------+------+
|             |        |          |          |                     |       |      |
+-------------+--------+----------+----------+---------------------+-------+------+

+---------------------------------------------------------------------------------+
|Total (A+B+C)                                                                    |
+-----------------------------------+---------------------------------------------+
|Number of voting rights            |Percentage of voting rights                  |
+-----------------------------------+---------------------------------------------+
|15,999,096                         |3.57%                                        |
+-----------------------------------+---------------------------------------------+

+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the                                                                       |
|financial instruments are effectively held, if applicable: xxi            |
+--------------------------------------------------------------------------+
+--------------------------------------------------------------------------+

+--------------------------------------------------------------------------+
|Proxy Voting:                                                             |
+-------------------------------------------------+------------------------+
|10. Name of the proxy holder:                    |                        |
+-------------------------------------------------+------------------------+
|11. Number of voting rights proxy holder will    |                        |
|cease                                            |                        |
|to hold:                                         |                        |
+-------------------------------------------------+------------------------+
|12. Date on which proxy holder will cease to hold|                        |
|voting rights:                                   |                        |
+-------------------------------------------------+------------------------+

+-----------------------------+--------------------------------------------+
|                             |                                            |
|13. Additional information:  |                                            |
+-----------------------------+--------------------------------------------+
|14. Contact name:            |                             Alexander Ruhle|
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:|                            [phone]|
+-----------------------------+--------------------------------------------+



[HUG#1426623]








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		Source: Serabi Mining plc via Thomson Reuters ONE