Director Shareholding

RNS Number:8850Q
Minco PLC
14 October 2003


                   Exploration commences on Irish Properties

Exploration commenced on October 13th on the Minco gold licences in Avoca and
Kildare.  The highly prospective Tipperkevin discovery in Kildare will be
drilled, while exploration in Avoca will concentrate in and around the Goldmines
river - the source of the 1803 Wicklow gold rush.


Options

On October 13th 2003, the following options were exercised over 4,415,000
shares, in total raising Euro 94,678.50.

Directors:
                  John Teeling               400,000 @ 1.27 c
                                             900,000 @ 2.54 c

                  James Finn                 250,000 @ 1.27 c
                                             350,000 @ 2.54 c

                  John Kearney               500,000 @ 2.54 c

                  Terence McKillen           450,000 @ 2.54 c

                  Other management           725,000 @ 1.27 c
                                             840,000 @ 2.54 c



Revised Directors Interests:


                                             No. of                   % of
                                             Shares               Share Capital

                  John Teeling            2,416,645                   3.13
                  James Finn              1,341,645                   1.74
                  John Kearney            1,500,000                   1.94
                  Terence McKillen        3,145,000                   4.07




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