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Peter Hambro Mining (POG)

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Tuesday 20 March, 2007

Peter Hambro Mining

Holding(s) in Company

Peter Hambro Mining PLC
20 March 2007

20 March 2007
                            PETER HAMBRO MINING PLC

                              Holdings in Company

Peter Hambro Mining Plc (the "Company") has received notification by Eastbourne
Capital Management, L.L.C. (44% of which is owned by Richard Barry) that its
holdings in the Company have increased to 8,893,843 Ordinary shares of £0.01
each, representing 10.96% of the total issued share capital of the Company. Of
this holding, 5,894,786 Ordinary shares of £0.01 each are held by Black Bear
Offshore Master Fund L.P., representing 7.26% of the total issued share capital
of the Company and 2,673,200 Ordinary shares of £0.01 each are held by Black
Bear Fund I L.L.C., representing 3.29% of the total issued share capital of the
Company.

Enquiries:

Alya Samokhvalova  Director of External Communications    +44 (0) 20 7201 8900
Marianna Adams     Investor Relations                     +44 (0) 20 7201 8900

Tom Randell        Merlin                                 +44 (0) 20 7653 6620
Patrick Magee      JPMorgan Cazenove                      +44 (0) 20 7155 4525



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