3 May 2006                                                                            LSE: AYM

Issue of Equity

Anglesey Mining plc has today approved the issue of 600,000 new ordinary shares at 14.75 pence per share to discharge an account payable of £88,500.

Application has been made for the new ordinary shares to be admitted to trading on the main board of the London Stock Exchange and dealings are expected to commence on 8 May 2006. The shares will rank pari passu with existing shares. Following the issue there will be 138,108,051 ordinary shares outstanding.

Contacts:

Ian Cuthbertson, Finance Director        + (44) 1248 361333