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Peter Hambro Mining (POG)

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Tuesday 18 July, 2006

Peter Hambro Mining

App for Admission of Shares

Peter Hambro Mining PLC
18 July 2006

18 July 2006

                      Application for Admission of Shares

Peter Hambro Mining plc (the "Company") announces that application has been made
for the admission of 750,000 ordinary shares to trade on AIM and that dealings
are expected to commence on 19 July 2006.

The shares are to be allotted to Reagrove Services Limited ("Reagrove") as full
and final settlement of the Company's deferred payment obligations due for the
Tokur gold deposit in the Amur Region, pursuant to its acquisition of the Tokur
deposit from Reagrove in June 2003.

The new Ordinary shares will rank pari passu with the existing Ordinary Shares
of £0.01 each. The total number of Ordinary Shares in issue following the
allotment will be 81,155,052 Ordinary shares.


Alya Samokhvalova, Marianna Adams                    +44 (0) 20 7201 8900
Peter Hambro Mining Plc                     

David Simonson, Tom Randell                          +44 (0) 20 7653 6620

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