24 January 2013

ANGEL MINING PLC

("Angel Mining" or the "Company", AIM: ANGM)

Suspension to trading on AIM

The board of Angel Mining plc announces that it requested a suspension of trading in its shares on AIM.  Following demands from a creditor for a payment that the Company could not meet and the threat to issue a winding-up petition, the Company has today filed an intention to appoint an administrator.  The Company continues to work with its finance providers in seeking a financial restructuring. Should the Company not be able to agree a restructuring with its creditors within the next ten days, the appointment of an administrator will become effective.  The Company expects to make further announcements in due course.

Enquiries:
Angel Mining plc
Nicholas Hall, Chief Executive Officer

+44 (0) 7931 709 053
Angel Mining plc
Kevin McNair, Chief Financial Officer

+44 (0) 7900 690 908
Fox-Davies Capital (Broker)
Fox-Davies Capital (NOMAD & Broker)
Daniel Fox-Davies
Simon Leathers
 +44 (0) 203 463 5010
Bishopsgate Communications Limited
Nick Rome/Shabnam Bashir
 0207 562 3350
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