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Central China Goldfields PLC - GBP300,000 RAISED VIA PLACING OF SHARES

Central China Goldfields plc ('GGG' or 'the Company') #300,000 RAISED VIA PLACING OF SHARES 13 March 2009 Central China Goldfields plc announces that it has raised #265,500 in a placing for working capital through Alexander David Securities Limited and Hanson Westhouse Limited plus a further #34,500 from Directors and employees of the Company. In total, the placing is for 24,000,000 new ordinary shares placed at 1.25 pence per share (the 'Placing Shares'). Application will be made for the Placing Shares to be admitted to AIM and it is expected that trading will commence on 27 March 2009. Following this placing, the total number of shares in issue will be 183,367,191. Following the above transactions, the following Directors' shareholdings in GGG will be: Previous Placing Shares Total Shares Percentage of Shares Company's Issued Share Capital Nigel Clark 3,310,568 500,000 3,810,568 2.08 Jeffrey 2,411,931 500,000 2,911,931 1.59 Malaihollo Paul Mc Groary* 7,410,179 500,000 7,910,179 4.31 Patrick Harford 351,351 300,000 651,351 0.36 The total number of shares held by Directors following the admission of the Placing Shares will be 15,284,029 shares representing 8.34% of the share capital. *Includes 3,240,625 shares held by Marshall Lake Mining plc, of which Paul McGroary is a director. For further information, please contact: Central China Goldfields plc Hanson Westhouse Limited Dr. Jeffrey Malaihollo Tim Metcalfe / Martin Davison Tel: 020 7621 0200 Tel: 020 7601 6100 Email: [email protected] www.ccgoldfields.com END

Quick facts: Greenland Minerals Ltd

Price: 0.1

Market: ASX
Market Cap: $119.1 m
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