RNS Number:8968M
Cluff Mining PLC
27 June 2003


                                Cluff Mining PLC


Cluff Mining PLC announces the extension of its convertible loan facility from
RMB International (Dublin) Limited until 29th August 2003.


Cluff Mining PLC ("the Company") has reached agreement with RMB International
(Dublin) Limited ("RMB") to extend its existing convertible loan until 29th
August 2003.


The facility comprises six "Base" Exchangeable Capital Units ("ECUs") of
US$500,000 each attracting interest at US$LIBOR plus 2.5% and two "Standby" ECUs
of US$500,000 each attracting interest at US$LIBOR plus 3%, all of which were
repayable or convertible by 30th June 2003. Accrued interest to date amounts to
US$1.25 million.


The extension is to allow the Company time to continue its negotiations and
documentation for a replacement convertible loan with RMB of #2.5million.



                                                                    27 June 2003
                                                                                

ENQUIRIES:

Cluff Mining PLC                                       Tel: 020 7495 2030
Donald McAlister, Finance Director

College Hill Associates                                Tel: 020 7457 2020
Mark Garraway









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