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 voting shares by the Company    |   X    |
+--------------------------------------+------------------------------+--------+
|3. Full name of person(s) subject to  |                                       |
|the                                   |                   Christopher Kingsman|
|notification obligation: iii          |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |              Greenwood Investments Ltd|
|(if different from 3.):iv             |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |                           22 June 2010|
|reached: v                            |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |                           24 June 2010|
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|                      previously 27.46%|
|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    |V ting     +---------+------+----------+------+--------+
|CODE        |          |Rights     |Direct   |Direct|Indirect  |Direct|Indirect|
|            |          |           |         |xi    |xii       |      |        |
+------------+----------+-----------+---------+------+----------+------+--------+
|GB00B074J639|          |           |         |      |          |      |        |
|            |90,000,000|90,000,000 |         |      |90,000,000|      |20.10%  |
|            |          |           |         |      |          |      |        |
+------------+----------+-----------+---------+------+----------+------+--------+

+-------------------------------------------------------------------------------+
|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               |
+------------------------------------+------------------------------------------+
|90,000,000                          |20.01%                                    |
+------------------------------------+------------------------------------------+

+----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or  |
|the                                                                         |
|financial instruments are effectively held, if applicable: xxi              |
+----------------------------------------------------------------------------+
|Christopher Kingsman is the controlling shareholder of Greenwood Investments|
|                                                                         Ltd|
+----------------------------------------------------------------------------+

+----------------------------------------------------------------------------+
|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:            |                          Christopher Kingsman|
+-----------------------------+----------------------------------------------+
|15. Contact telephone number:|                                 020 3287 2323|
+-----------------------------+----------------------------------------------+



[HUG#1427186]








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		Source: Serabi Mining plc via Thomson Reuters ONE