Holding(s) in Company
             



                         GLENCAR MINING PLC

                      Shareholding Notification

                             15 May 2008

Glencar Mining plc ("Glencar" or the "Company") received notification
on 14 May 2008 that JP Morgan Asset Management (UK) Limited sold
10,000,000 shares on 12 May 2008. Following this transaction JP
Morgan Asset Management (UK) Limited holds 15,742,000 shares
amounting to 6.09% of the issued share capital of Glencar.

For further information, please contact:


Glencar Mining plc
Hugh McCullough, Managing Director
Tel:         +353 1 661 9974
e-mail:      info@glencarmining.ie

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