Neptune Minerals

The company issued 653,750 ordinary shares on 30 July 2008 after Performance Shares converted following achievement of the Phase Two Milestone under its Executive Incentive Plan.

NewSmith Capital Partners LLP and related NewSmith entities notified Neptune Minerals Plc that their voting rights holding rose above 20% and 25% thresholds on 24 July 2008.

Tell Capital Ltd, on behalf of The Tell Fund, notified Neptune Minerals Plc that its voting rights fell below the 3% threshold following a 24 July 2008 transaction.

Neptune Minerals lodged New Zealand's first offshore Mining Licence Application, covering two seafloor massive sulphide deposits on the Rumble II West Seamount within the EEZ.

Neptune Minerals has issued prequalification documents to dredging and subsea engineering firms for a Build, Own, Operate seafloor massive sulphide mining contract offshore New Zealand.

Neptune Minerals lodged 405 seabed mineral prospecting licence applications covering 1,400 km2 in Japan's Izu-Bonin Arc, awaiting METI approval.

Neptune Minerals announced Peter Vanderspuy's resignation as Chairman and the appointment of Richard K Gorton as a Non-Executive Director.

Neptune Minerals received a final engineering scoping study from Genesis-Technip confirming favourable economics for seafloor massive sulphide mining offshore New Zealand, targeting pilot mining by 2010.

Neptune Minerals reported interim results for the six months to 31 December 2007, highlighting new SMS discoveries and expanded exploration tenements.

The Company issued 50,000 ordinary shares of 0.5p on 17 March 2008 following conversion of performance shares, bringing total shares in issue to 66,114,113.