Notification of Shareholding

PRESS
RELEASE                                                              10
January 2008

            SERABI MINING plc ("Serabi" or "the Company")

                    Notification of Shareholding



Serabi Mining plc announces that it has been informed by F&C Asset
Management plc that acting as proxy holder, it has an indirect
interest in 14,002,432 shares representing a 9.99% interest in the
Company.





Enquiries

Please note that Serabi  Mining plc is  currently moving offices  and
has temporary telephone numbers in place:

Telephone:      [phone]
Fax:                 020 7936 9100


Serabi             Mining              plc

Graham Roberts       020 7936 9040
Chairman                   Mobile: [phone]

Clive Line                 020 7936 9040
Finance Director         Mobile: [phone]

Robyn Hodson          020 7936 9040
Investor Relations

E-mail:                       [e-mail]
Website:                    www.serabimining.com


Numis Securities Limited
John Harrison         Tel: [phone]
James Black    Tel: [phone]

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