Ridge Mining PLC - Exercise of Options

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Tue Jan 22, 2008 1:17pm EST 

RNS Number:3335M
Ridge Mining PLC
22 January 2008

                                RIDGE MINING PLC

                                    RDG: AIM

                              Exercise of Options

                                                                 22 January 2008

Ridge Mining plc ("Ridge") announces that it has received notice of exercise in
respect of options over 15,000 new ordinary shares of US$0.05 each ("Ordinary
Shares") under the Ridge Mining Employee Share Option Plan 2004 (EMI).
Application has been made for the new Ordinary Shares to be admitted to trading
on AIM and dealings are expected to commence on 28 January 2008.

The new Ordinary Shares will rank pari passu with the existing Ordinary Shares
in issue and increase the number of shares in issue to 90,742,845.


Enquiries

Ridge Mining
Francis Johnstone (Commercial Director)               Tel +44 (0) 20 7379 1474

Nominated Adviser - RBC Capital Markets
Peter Barrett-Lennard                                 Tel: +44 (0) 20 7029 7882




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