Avocet Mining PLC - Holdings in Company

RNS No 9620w
AVOCET MINING PLC


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

AVOCET MINING L.P.

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

ELLIOTT ASSOCIATES PLC

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

SHAREHOLDER IN 2

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

VIDACOS NOMINEES

5)  Number of shares/amount of stock acquired.

849,466

6)  ( 2.4 %) of issued Class


7)  Number of shares/amount of stock disposed

N/A


8)  ( N/A %) of issued Class


9)  Class of security

ORDINARY

10) Date of transaction

20.8.97

11) Date company informed

20.8.97

12) Total holding following this notification

5,982,466

13) Total percentage holding of issued class following this notification

16.7%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

ALAN FRASER
0171 834 1811

16) Name and signature of authorised company official responsible for making
    this notification

A. FRASER
COMPANY SECRETARY

    Date of Notification 20TH AUGUST 1997


                    DEALINGS BY SUBSTANTIAL SHAREHOLDERS

1)  NAME OF COMPANY

AVOCET MINING PLC

2)  NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

THE CAPITAL GROUP COMPANIES INC.

3)  Please state whether notification indicates that it is in respect of holding
    of the Shareholder named in 2 above or in respect of a non-beneficial
    interest or in the case of an individual holder if it is a holding of that
    person's spouse or children under the age of 18

SHAREHOLDER IN 2

4)  Name of the registered holder(s) and, if more than one holder, the number of
    shares held by each of them.

CHASE NOMINEES LTD

5)  Number of shares/amount of stock acquired.

1,500,000

6)  ( 4.2%) of issued Class


7)  Number of shares/amount of stock disposed

N/A

8)  ( N/A %) of issued Class


9)  Class of security

ORDINARY

10) Date of transaction

20.8.97

11) Date company informed

20.8.97

12) Total holding following this notification

2,100,000

13) Total percentage holding of issued class following this notification

5.9%

14) Any additional information

N/A

15) Name of contact and telephone number for queries

ALAN FRASER
0171 834 1811

16) Name and signature of authorised company official responsible for making
    this notification

A. FRASER
COMPANY SECRETARY

    Date of Notification 20TH AUGUST 1997


END

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