Additional Listing

Tertiary Minerals PLC
31 October 2007


                             Tertiary Minerals plc
                                (the 'Company')

                               Placing of Shares

The Company announces today that it has raised £727,280, before expenses,
through a placing of 9,091,000 ordinary shares at 8p each. The net proceeds from
this placing will be used to fund various drilling programmes currently in
progress and planned on several of the company's exploration projects in the
Nordic countries, and for working capital. These shares have been placed with
institutional and other investors by the Company's broker, Seymour Pierce
Limited.

Application for the admission to AIM of the new ordinary shares has been made
and dealings are expected to commence on 7 November 2007. The new ordinary
shares rank pari passu with the existing ordinary shares and are identical in
all respects.

Executive Chairman, Patrick Cheetham commented:

'We are delighted to welcome our new shareholders to the Company and look
forward to reporting the results of our exploration programmes over the coming
months.'

Enquiries:

Patrick Cheetham                 Tertiary Minerals plc            01625 626203

Jonathan Wright/Matt Thomas      Seymour Pierce Ltd               020 7107 8000

John Greenhalgh/Ron Marshman     City of London Public Relations  020 7628 5518




                      This information is provided by RNS
            The company news service from the London Stock Exchange