ORE Orogen

RNS Number:4481K
Aricom PLC
21 December 2007


Press Release                                                   21 December 2007



                                   Aricom plc

                   ("Aricom" or "the Company" or "the Group")
Total Voting Rights and Shareholder Approval Process for Garinskoye Transaction



Aricom plc (LSE: ORE, OREW), the Anglo-Russian developer of mineral resources,
today announces that 42,750,000 Ordinary Shares have been admitted to listing on
the Official List and to trading on the main market of the London Stock
Exchange.



In conformity with the Transparency Directive, Aricom plc is required to notify
the market of the following:



As a result of the issue of 42,750,000 shares, the Company's issued share
capital consists of 1,119,069,960 ordinary shares with a nominal value of �0.001
each, each share conveying the right to one vote. Aricom Plc does not hold any
ordinary shares in Treasury.



Therefore, the total number of voting rights in Aricom Plc is 1,119,069,960.



The above figure of 1,119,069,960 shares may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, Aricom
Plc under the Financial Service Authority's Disclosure and Transparency Rules.

Shareholder Approval Process

Further to the announcement of 13th December 2007 regarding the proposed
increase of the Group's interest in Garinskoye ("the Transaction") it has been
determined that the Transaction will be subject to shareholder approval.  It is
expected that a circular will be sent to shareholders in the New Year and their
approval of the Transaction will be sought.  Accordingly the Transaction will
not complete until such shareholder approval is received and consideration
payable to the vendors will not be issued until shareholder approval is
received.



Following entry into the sale and purchase agreement, with Olis (the "SPA")
under a separate agreement, another member of the Aricom Group (Aricom Treasury
Limited) agreed to advance (subject to certain conditions) a secured loan of up
to US$65 million to Olis on normal commercial terms.  The entry into the loan
was not a condition of entering into the SPA or its completion.  The loan will
remain outstanding until 30th June 2008 (subject to early repayment provisions
which include completion of the SPA).




                                    - Ends -

For further information:
Aricom plc

Jay Hambro, Chief Executive                     Tel: +44 (0) 20 7201 8939

Heather Williams, Company Secretary
                                                        www.aricom.plc.uk




Abchurch
Charlie Jack/ George Parker                     Tel: +44 (0) 20 7398 7700
                                                   www.abchurch-group.com




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

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