EUM Euro.Mins.

    EUROPEAN MINERALS CORPORATION
                                                   
                                             ANNOUNCEMENT
                                                   
29 January 2008

Issue of Shares

European  Minerals Corporation announces that it has issued 87,500 common shares of no  par  value  in
connection with the exercise of stock options at Cdn$1.26 per share and 50,000 common shares of no par
value in connection with the exercise of stock options at Cdn$0.84 per share.

Application has been made for these shares to be admitted to AIM and it is expected that they will  be
admitted  on 1 February 2008. Following the admission of the above shares, the Company's total  issued
share capital will be 303,240,481 common shares of no par value each with voting rights.

For further information please contact:

Graham A. Potts - Company Secretary                   Robin Birchall / Erin Needra
European Minerals Corporation                         Canaccord Adams Limited
22 Grosvenor Square, London,                          Tel:  +44 (0) 70 50 6500
W1K 6LF
Tel:  +44 (0) 20 7529 7508                            
Fax: +44 (0) 20 7491 2244                             
e-mail: info@europeanminerals.com                     
Website: www.europeanminerals.com                     


                                                                
European Minerals Corporation



                                                                

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