Andash Project Update

Aurum Mining PLC 08 May 2008 For immediate release 8 May 2008 AURUM MINING PLC ('Aurum' or 'the Company') Andash Project Update Aurum Mining plc (AIM: AUR) makes the following update to the market following the suspension in the Company's shares announced on 4 March 2008. The civil case, in which the Company's wholly owned subsidiaries Andash Mining Company and Kaldora Company Limited are named as co-defendants, will now be heard in the Bishkek Inter-District Court in the Republic of Kyrgyzstan on 14 May 2008. The Board of Aurum is continuing with its efforts to resolve this matter and will continue to defend all claims vigorously. Nevertheless, given the on-going uncertainty, the Board of Aurum has taken the decision to hold back on all further investment into the Andash project until the current situation is resolved. The Company balance sheet remains strong with cash balances of approximately £21m as at the end of April 2008. As a direct result of the civil case, the initial production of gold and copper from the Andash Zone 1 mine will be delayed. A further announcement will be made in due course. For further information: Aurum Mining plc Tel: 020 7478 9050 Mark Jones, Chief Executive Chris Eadie, Chief Financial Officer Arbuthnot Securities Tel: 020 7012 2000 John Prior Buchanan Communications Tel: 020 7466 5000 Mark Court Rebecca Skye Dietrich This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings