AGM results and update on the proposed Delisting from the Oslo Axess market of the Oslo Børs

AGM results

The Company announces that all the resolutions set out in the circular to
shareholders that was published and posted to shareholders on 6 April 2011 and
containing the Notice of Annual General Meeting (the "AGM Circular") were passed
on a poll at the Annual General Meeting held at 11.00 am today.  The table below
gives details of the results of the poll vote.

-- ------------------------- ----------------- ------------------- -----------
|  |Resolution |Total Votes For *|Total Votes Against|Total Votes|
| | | | | Withheld |
-- ------------------------- ----------------- ------------------- -----------
|1 |To receive and adopt the | 64,092,478 | 0 | 3,300 |
| |Company's Annual Accounts| (100%) | (0%) | |
| |and the Directors' and | | | |
| |Auditors Report | | | |
-- ------------------------- ----------------- ------------------- -----------
|2 |To approve the Directors'| 37,117,080 | 4,544,164 |22,434,534 |
| |Remuneration Report | (89.09%) | (10.91%) | |
-- ------------------------- ----------------- ------------------- -----------
|3 |To re-elect Graeme Hossie| 59,382,932 | 4,712,846 | 0 |
| |as a Director | (92.65%) | (7.35%) | |
| |  | | | |
-- ------------------------- ----------------- ------------------- -----------
|4 |To re-elect Dr. Colin | 52,004,668 | 9,758,819 | 2,332,291 |
| |Knight as a Director | (84.20%) | (15.80%) | |
-- ------------------------- ----------------- ------------------- -----------
|5 |To elect Graham Mascall | 55,653,493 | 8,442,285 | 0 |
| |as a Director | (86.83%) | (13.17%) | |
-- ------------------------- ----------------- ------------------- -----------
|6 |To elect Luciano Ramos as| 59,382,932 | 4,712,846 | 0 |
| |a Director | (92.65%) | (7.35%) | |
-- ------------------------- ----------------- ------------------- -----------
|7 |To elect Benjamin Lee as | 59,379,632 | 4,712,846 | 3,300 |
| |a Director | (92.65%) | (7.35%) | |
-- ------------------------- ----------------- ------------------- -----------
|8 |To re-appoint Deloitte | 64,092,478 | 0 | 3,300 |
| |LLP as auditors to the | (100%) | (0%) | |
| |Company | | | |
-- ------------------------- ----------------- ------------------- -----------
|9 |To authorise the | 64,095,778 | 0 | 0 |
| |Directors to fix the | (100%) | (0%) | |
| |auditors' remuneration | | | |
-- ------------------------- ----------------- ------------------- -----------
|10|To authorise the | 54,652,275 | 412,135 | 9,031,368 |
| |Directors to allot shares| (99.25%) | (0.75%) | |
| |under Section 551 | | | |
| |Companies Act 2006 | | | |
-- ------------------------- ----------------- ------------------- -----------
|11|To disapply pre-emption | 59,748,402 | 4,344,076 | 3,300 |
| |rights under Section 570 | (93.22%) | (6.78%) | |
| |Companies Act 2006 | | | |
-- ------------------------- ----------------- ------------------- -----------
|12|To authorise the Company | 64,092,478 | 0 | 3,300 |
| |to purchase its own | (100%) | (0%) | |
| |Ordinary Shares | | | |
-- ------------------------- ----------------- ------------------- -----------
|13|To permit general | 63,900,231 | 192,247 | 3,300 |
| |meetings to be called on | (99.70%) | (0.30%) | |
| |14 clear days' notice | | | |
-- ------------------------- ----------------- ------------------- -----------
|14|To authorise the Company | 60,458,607 | 3,633,871 | 3,300 |
| |and any of its | (94.33%) | (5.67%) | |
| |subsidiaries to make | | | |
| |political donations | | | |
-- ------------------------- ----------------- ------------------- -----------
|15|To approve the de-listing| 64,080,478 | 15,300 | 0 |
| |of the Company's issued | (99.98%) | (0.02%) | |
| |ordinary shares from the | | | |
| |Oslo Axess market of the | | | |
| |Oslo Børs | | | |
-- ------------------------- ----------------- ------------------- -----------
|16|To amend the London | 41,799,644 | 10,932,475 |11,363,659 |
| |Mining plc Company Share | (79.27%) | (20.73%) | |
| |Option Plan and London | | | |
| |Mining Long Term | | | |
| |Incentive Plan | | | |
-- ------------------------- ----------------- ------------------- -----------


* Includes discretionary votes

Update on the proposed Delisting from the Oslo Axess market of the Oslo Børs

As described in the AGM Circular, the Delisting is subject to the approval of
the Oslo Børs. As the Delisting resolution has been approved by shareholders,
the Company is now able to submit an application to the Oslo Børs for the Shares
to be de-listed. If the Oslo Børs approves the Delisting, it will resolve the
date that the Delisting will take effect. In order to give VPS Shareholders more
time to transfer their Shares into CREST, the Directors intend to request that
the Delisting Effective Date be postponed until the end of September 2011.

The Oslo Børs has complete discretion as to whether to approve the Delisting and
therefore there can be no guarantee that the Delisting will be approved by it.
The Company will announce the decision of the Oslo Børs and, if approved, the
confirmed date that the Delisting will take effect as soon as practicable
following receipt of the decision by the Oslo Børs.

If the Delisting is approved, the Company will terminate the VPS registration of
the Shares and Shares will no longer be capable of being held in VPS. VPS
Shareholders who do not make arrangements to transfer their Shares into CREST
prior to the Delisting Effective Date will receive share certificates in their
own name, in respect of their Shares.

Further details of the process to be followed by VPS Shareholders wishing to
transfer their Shares into CREST in advance of the Delisting are set out in Part
IV of the AGM Circular. Defined terms used in this announcement shall have the
meanings set out in the AGM Circular.

The Company's website can be found at: www.londonmining.co.uk

For more information please contact:

London Mining Plc                                        44 207 201 5000
Graeme Hossie, Chief Executive Officer
Rachel Rhodes, Chief Financial Officer
Thomas Credland, Head of Investor Relations

Liberum Capital (Nominated Advisor/Broker)       44 203 100 2000
Clayton Bush/Christopher Kololian

J.P. Morgan Cazenove (Broker)                              44 207 742 4000
Adam Brett / Neil Passmore

Brunswick Group LLP                                        44 207 404 5959
Carole Cable / Daniel Thöle

Crux Kommunikasjon AS                                        47 97 56 19 59
Charlotte Knudsen


About London Mining

London Mining is focused on identifying, developing and operating scaleable
mines to become a mid-tier supplier to the global steel industry. London Mining
is developing three iron ore mines in Sierra Leone, Saudi Arabia and Greenland
as well as an early stage coking coal project in Colombia. All London Mining's
assets have deliverable production with potential for expansion. The Company
listed on the Oslo Axess on 9 October 2007 and on AIM in London on 6 November
2009. It trades under the symbols LOND.L and LOND.NO (Reuters) and LOND LN and
LOND NO (Bloomberg).

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.






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Source: London Mining Plc via Thomson Reuters ONE

[HUG#1514676]


Unternehmen: London Mining Plc - ISIN: GB00B1VZK334