Palmary Shareholding

RNS Number:1280K
Consolidated Minerals Limited
18 December 2007




18 December 2007



Consolidated Minerals Limited (ASX:CSM, AIM:CNM, FSE:CMN) advises that Palmary
Enterprises (Australia) Pty Limited ("Palmary") has lodged a notice of change of
interests of substantial holder.

The notice discloses that Palmary has a 49.74% (down from 51.23%) shareholding
in the expanded capital of Consolidated Minerals, represented by 123,554,969
fully paid ordinary shares. The dilution has occurred as Consolidated Minerals
has issued further shares on the conversion of convertible notes. Palmary had a
53.34% shareholding on a pre-dilution basis.



A copy of the Palmary announcement is available on the ASX website
www.asx.com.au







John Abbott

Company Secretary







The Company's nominated adviser is RFC Corporate Finance Ltd - contact 
Stephen Allen +61 8 9480 2507.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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