AGM Statement

Aurum Mining PLC 02 November 2007 For immediate release 2 November 2007 AURUM MINING PLC ('Aurum' or 'the Company') Result of AGM and AGM Statement Aurum Mining plc (AIM: AUR), the gold-mining company focussed on the Former Soviet Union (FSU) and whose principal asset is the Andash Project in the Kyrgyz Republic, held its Annual General Meeting this morning at which all resolutions were duly passed. Sean Finlay, Aurum Mining's Chairman, made the following comments: 'As I reported in our preliminary results, the current financial year is transformational for Aurum and we remain on track to commence initial production at Andash in the second half of calendar year 2008. Further exploration work is progressing well at the Nakhodka and Tokhtonysay opportunities within the Andash licence area, offering the potential to increase Aurum's reserves significantly. 'As a reflection of our close working relationship with the Kyrgyz authorities, we have been granted an extension to the time period for the completion of the detailed design work for the Andash mine. This extension, from the end of November 2007 to the end of May 2008, increases our flexibility around the finalisation of the mine design without impacting our anticipated start date for gold production. 'The continued strength of metal prices greatly enhances the economics of the Andash project and, given our progress to date, we look forward to the future with considerable confidence.' Aurum's interim results for the six months to 30 September 2007 will be announced on 10 December 2007 and will include a detailed operational update on progress at Andash. For further information: Aurum Mining plc Tel: 020 7478 9050 Mark Jones, Chief Executive Officer Chris Eadie, Chief Financial Officer Arbuthnot Securities Tel: 020 7012 2000 John Prior John Toll Buchanan Communications Tel: 020 7466 5000 Mark Court / Rebecca Skye Dietrich Notes to editors Aurum Mining, which joined the AIM market of the London Stock Exchange in May 2004, is a mining company focussed on gold opportunities in the Former Soviet Union. Its principal asset is an exploration licence over the Andash gold and copper project in the Kyrgyz Republic. A mining licence for Andash Zone 1 was awarded by the Kyrgyz authorities in 2006. The feasibility study compiled by Wardell Armstrong International, also in 2006, confirmed a measured and indicated resource base of 19.2 million tonnes at 1.1 grams per tonne of gold and 0.4% copper, which equates to 1.1 million ozs of gold and gold equivalent. Initial production at Andash Zone 1 is expected in the second half of 2008. The Andash project also includes Zone 2 and Zone 3 along with Tokhtonysay, Nakhodka and three other additional exploration areas. This information is provided by RNS The company news service from the London Stock Exchange