Holding(s) in Company

Niger Uranium Limited
08 May 2008




For immediate release
                                                                      8 May 2008


                             Niger Uranium Limited
                       ('Niger Uranium' or 'the Company')

           Notification concerning interests in shares of the Company


Niger Uranium Limited was notified on 2 May 2008 by Libra Advisors, LLC ('Libra
Advisors') that Libra Fund LP and Libra Offshore Ltd had the following interests
in the ordinary shares of par value US$0.01 each in the capital of the Company
('Ordinary Shares'):


Registered         Holding of Ordinary       Percentage of issued share capital 
Shareholder                     Shares                           of the Company
------------------      --------------                          ---------------

Libra Fund LP                3,514,521                           3.51 per cent.
Libra Offshore Ltd             719,800                           0.72 per cent.


Libra are investment advisors to Libra Fund LP and Libra Offshore Ltd and
accordingly, Libra are interested in aggregate in 4,234,321 Ordinary Shares
representing 4.23 per cent. of Niger Uranium's current issued share capital.





Contacts:

Niger Uranium Limited                       Tel: + 27 (0) 11 269 4900
Gordon Cassidy, Finance Director

Beaumont Cornish Limited                    Tel: + 44 (0) 20 7628 3396
Michael Cornish

Financial Dynamics                          Tel + (0) 20 7831 3113
Ben Brewerton / Ed Westropp



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