RNS Number : 0232E
  Mincorp Plc
  23 September 2008
   
    Mincorp plc

    ("the Company")

    Mt Cadig Update


    Mincorp plc announces that Bonaventure Mining Corporation, a wholly owned subsidiary of Mincorp Asia Inc in which the Company holds a
40% holding, has lost the case in Supreme Court of Philippines for the right to file their application for mining rights with the Mining and
Geoscience Bureau, in relation to the Mt Cadig nickel deposit.  The Board continues to evaluate other strategic opportunities in order to
enhance shareholder value.


    Enquiries:

    Mincorp plc                                       Thanggaya Munusamy     +6012 212 4596

    Nabarro Wells & Co. Limited          Hugh Oram                       +44 207 634 4705 



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