Holding(s) in company

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date ^xvii

Exercise/Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ	Griffin Mining Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights	X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Richard Griffiths and controlled undertakings
4. Full name of shareholder(s) (if different from 3.):^iv
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	13 May 2015
6. Date on which issuer notified:	13 May 2015
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	> 4%

8. Notified details:
A: Voting rights attached to shares ^{viii, ix}
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights		% of voting rights ^x
			Direct	Direct ^xi	Indirect^xii	Direct	Indirect
BMG319201049	6,000,000	6,000,000	7,000,000	7,000,000		4.07%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date ^xiii	Exercise/Conversion Period ^xiv	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights

Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,000,000

4.07%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi

Seren Capital Management Limited 175,000
Blake Holdings Limited 5,325,000
Oak Trust Limited 750,000
Richard Griffiths direct holdings 750,000

Total 7,000,000

The above undertakings are all controlled by Richard Griffiths

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights: