NOMI - Rana Gruber AS

Reference is made to press releases dated 19 December 2006 and 5 January 2007 regarding Nordic Mining's offer to the shareholders of Rana Gruber AS.

The general assembly of Rana Gruber 4 January 2007 did not resolve necessary amendments to the by-laws. As a consequence the conditions for Nordic Mining's offer to the shareholders have not been met, and the offer is no longer valid.

For questions please contact CFO Lars K. Grøndahl, telephone + 47 - 901 60 941.
 
Oslo, 10 January 2007
Nordic Mining ASA
 

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