Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

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HOW WE USE INFORMATION

We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

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We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

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CONTACT

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Peter Hambro Mining (POG)

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Monday 27 November, 2006

Peter Hambro Mining

Conversion of Reserve Nos

Peter Hambro Mining PLC
27 November 2006



                    Peter Hambro Mining PLC ("PHM") welcomes
              establishment of PERC working group on conversion of
              Russian and Western Reserve and Resource Estimation

27th November, 2006

Pan-European Reserves & Resources Reporting Committee - the European counterpart
to JORC in Australasia - has established a working party that will establish the
procedure for the conversion of the Russian mineral reserves and resources
system with that of the systems more generally accepted in USA, Canada,
Australia and London.

Peter Hambro Mining, all of whose gold mining assets are located in the Russian
Federation, has always reported under the Russian system since that is what it
is required of it by the Russian State Commission on Reserves, whilst giving
JORC updates on its key assets.

An agreed conversion method will make it easier for analysts and investors to
compare PHM's exceptional portfolio of growth assets with those of mining
companies operating in other localities.

Commenting on the news, Peter Hambro, Executive Chairman of PHM said:-

"I am delighted that this important step towards harmonisation has now been
taken. It is excellent news that representatives, including those from of the
Russian system and JORC, are meeting under the auspices of PERC and CRIRSCO and
that Dr. Mike Armitage and Dr. Steven Henley have agreed to take on this
important task.

"This is something that we have always hoped would happen and I fully expect that
it will lead to a far greater acceptance by investors and by stock exchanges in
other countries of the Russian system that we use because we are Russian
producers and explorers."

                                      ENDS

Enquiries:

Peter Hambro                             Peter Hambro Mining Plc
Executive Chairman                       +44 (0) 207 201 8900


Tom Randell / Maria Suleymanova          Merlin
                                         +44 (0) 207 653 6620


For background information:

Text of PERC statement on Russian and International Reserves Reporting


A new working group has been set up by PERC (the Pan-European Reserves &
Resources Reporting Committee - the European counterpart to JORC in Australasia
see www.percreserves.com) on behalf of the Committee for Mineral Reserves
International Reporting Standards (''CRIRSCO" - see www.crirsco.com).

This working group, consisting of both Russian and international specialists in
resource and reserve estimation and reporting, will operate under the
chairmanship of Dr Mike Armitage, Managing Director of SRK Consulting (UK) Ltd,
and will include representatives of both the Russian State Commission on
Reserves (GKZ) and of the international reserves reporting community as
represented by CRIRSCO, including the Australasian JORC committee and the PERC
committee in Europe.

The purpose will be to establish procedures for conversion in either direction
between resource and reserve estimates classified and reported according to the
Russian and international Codes, as well as to identify mutually acceptable
criteria for international recognition of Russian professionals as "Competent
Persons" according to the Codes which follow the CRIRSCO template.

Hitherto, conversion between Russian and international reserves reporting
systems has required a separate Competent Person's report, and has been both
time consuming and expensive. By defining objective procedures and criteria it
is intended that resources and reserves which are reported under the Russian
Code will become more generally acceptable to western markets and stock exchange
listing authorities.

It is hoped that the committee will publish its final recommendations within a
maximum of 12 months, i.e. by October 2007.



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