EGM Statement

RNS Number:8220R
Monterrico Metals PLC
07 November 2003



                     Monterrico Metals Plc (the "Company")

                    Result of Extraordinary General Meeting


As set out in the circular dated 15 October 2003 (the "Circular"), the ordinary
and special resolutions of the Company relating to the Placing and Open Offer
were duly passed by shareholders at the extraordinary general meeting held today
at 11.00am.


As announced on 5 November 2003, the latest time and date for receipt of
Application Forms and payment in full under the Open Offer has been extended to
3.00pm on 7 November 2003. An announcement will be made in due course with
details of the acceptances received from Shareholders under the Open Offer.


Definitions used in the Circular apply in this announcement unless the context
otherwise requires.


For further information contact:
Monterrico Metals plc
Chris Eager, Chief Executive        0207 448 5088
7 November 2003




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