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Griffin Mining News
Date:28 October 2008
Headline:SHARE BUY BACK

Griffin Mining Limited (“Griffin” or the “Company”) announces that it has today purchased 68,000 of its own ordinary shares of nominal value $0.01 each (“Ordinary Shares”) at an average price of 14.59p per share. The Ordinary Shares have been purchased for cancellation.

The purchase represents 0.04% of the Ordinary Shares in issue and is pursuant to the bye laws of the Company and a resolution passed by the directors.

The purchase and cancellation will reduce the number of Ordinary Shares in issue to 181,589,731.

Griffin Mining Limited
6th Floor
60 St James's Street
London
SW1A 1LE

Tel: +44 (0)20 7629 7772
Fax: +44 (0)20 7629 7773

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