Holding(s) in Company

Thor Mining PLC
30 June 2005

                                THOR MINING PLC


                              Holding in Company


Dated: 30 June 2005


Thor Mining PLC was notified on 30 June 2005 that City Equities Limited had sold
10,000,000 Ordinary Shares of 1p each in the capital of the Company. Following
this transaction City Equities Limited no longer has a notifiable interest in
the Company.


Enquiries:


John Barr       00 61 418 912 885  Thor Mining PLC            Executive Chairman

John Simpson    020 7512 0191      ARM Corporate Finance Ltd   Nominated Adviser

Amanda Harris   020 7618 8534      Conduit PR                   Public Relations




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