RNS Number:2347Z
Cluff Mining PLC
29 July 2002


                       Cluff Mining PLC ("Cluff Mining")


        Result of Open Offer and Result of Extraordinary General Meeting


Cluff Mining announces that the Open Offer to shareholders closed at 3.00 p.m.
on 26 July 2002.


Of the 7,547,169 new ordinary shares issued pursuant to the Placing and Open
Offer, 3,429,624 were available to qualifying shareholders under the Open Offer
("Open Offer Shares").  Of these Open Offer Shares, valid applications in
respect of 528,454 shares (15.4 per cent. of the Open Offer Shares) were
received from qualifying shareholders.  The remaining new ordinary shares will
be taken up by the placees under the terms of the Placing and Open Offer.

The Board of Cluff Mining also announces that all resolutions proposed at the
Extraordinary General Meeting held earlier today relating to the proposed
Placing and Open Offer and the proposed Joint Venture were duly passed.

The Placing and Open Offer remains conditional upon admission of the new
ordinary shares to trading on AIM.

The new ordinary shares are expected to be admitted to trading on AIM at 8.00
a.m. on Thursday 1 August 2002.


                                                                    29 July 2002


ENQUIRIES:

Cluff Mining PLC
J G Cluff, Chairman and Chief Executive                    Tel: 020 7495 2030
Terence Wilkinson, Group Operations Director               Tel: 020 7495 2030

Investec Investment Banking
Nigel Tose                                                 Tel: 020 7597 5970
Rupert Krefting                                            Tel: 020 7597 5133



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