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Peter Hambro Mining (POG)

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Monday 23 July, 2007

Peter Hambro Mining

Director/PDMR Shareholding

Peter Hambro Mining PLC
23 July 2007


                            PETER HAMBRO MINING PLC

23 July 2007

                               Director's Dealing

Peter Hambro Mining PLC ("PHM" or the "Company") announces that it has been
informed today that Pavel Maslovskiy, Deputy Chairman, and his associates ("PM")
have sold today, to a long term Russian investor, 1,346,935 ordinary shares of
£0.01 each in the Company equivalent to 1.66% of the issued share capital of the
Company at a price of £10.90 per share, a premium of 14.14% to the closing price
of PHM's shares on 19 July 2007. Following this transaction, Pavel Maslovskiy
and his associates will hold 17,198,887 ordinary shares, representing 21.19% of
the issued share capital of the Company.

Pavel Maslovskiy, Deputy Chairman, said:

"My sale of shares has been carried out in order to achieve a better balance in
my family's and my portfolio of investments and to facilitate further non mining
investment in Russia. My remaining 21.19% interest in PHM, demonstrates my
commitment to the future success of PHM."

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
Maria Suleymanova

Patrick Magee       JPMorgan Cazenove                     +44 (0) 20 7155 4525







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