Appointment of Director

Angel Mining plc (the "Company")
AIM: ANGM

The Board of Angel Mining, the Greenland focused mining company, is pleased to announce the appointment of Kevin McNair as Chief Financial Officer.

Kevin Hayes McNair, aged 43, has been appointed as CFO. He gained an MBA at London Business School having obtained a degree in Business Administration from William & Mary in Williamsburg, Virginia, USA. Kevin worked for Fremont Financial Corporation in Chicago, UBS Ltd in London and Zurich and for Granville Baird in London before becoming the Group Finance Director to the Boxwood Group. More recently, he was CFO at Enegi Oil Plc. Kevin has experience of financial management of AIM listed companies, a great understanding of financial markets, and is familiar with the needs of mineral resource based businesses.

In accordance with Schedule 2 of the AIM Rules, the following information is also disclosed:

Kevin Hayes McNair is currently or has in the past five years been a director of the following companies:

Current

• Asheville Richmond Limited

Past

• Enegi Oil Plc
• PDIP Inc.
• Boxwood Group Limited
• Certainty Group Facilities Management (Holdings) Limited
• Certainty Group Facilities Management Limited
• Certainty Group Security Services (Holdings) Limited
• Certainty Group Security Services Limited

In addition, Kevin Hayes McNair was appointed a director of Certainty Group Security Services (Holdings) Limited on 31 October 2002 and resigned on 1 December 2005. The company was placed into administration on 1 May 2006 as part of a larger group restructuring. He has been informed that there was no shortfall to creditors.

Kevin Hayes McNair was appointed a director of Boxwood Group Limited on 1 April 2003. On 15 December 2005, the business and assets of Boxwood Group Limited were acquired by Boxwood Limited as part of a pre-packed administration. He has been informed that there was no shortfall to creditors.

Kevin does not hold any ordinary shares in the Company.

There is no further information to disclose pursuant to AIM Rule 17 or Schedule 2, paragraph (g) of the AIM Rules.

Angel Mining CEO Nicholas Hall commented:

"I am delighted that we have been able to strengthen our team through the recruitment of Kevin McNair, who is already contributing significantly to the task in hand regarding future financing of the Company."

 

Enquiries:
Angel Mining plc Nicholas Hall, Chief Executive	07931 709 053
Fox-Davies Capital (Broker) James Hehn	0207 936 5200
WH Ireland Limited  (Nominated Advisor) Katy Mitchell	0161 832 2174
Bishopsgate Communications Limited Michael Kinirons	0207 562 3350