BELMORE RESOURCES (HOLDINGS) PLC
                         ("BELMORE" OR "THE COMPANY")

                                SHARES IN ISSUE

The  Board  of Belmore, a minerals exploration company with a focus on projects
in the Republic  of Ireland and Northern Ireland, confirms that the Company has
29,056,867 ordinary shares of Euro 0.01 each in issue.

   The Directors of the Issuer accept responsibility for this announcement.

                                   --ENDS--

ENQUIRIES:

BELMORE RESOURCES (HOLDINGS) PLC                         Tel: 00 35387 681 2883
Patrick Mahony                            

BISHOPSGATE COMMUNICATIONS LTD                               Tel: 020 7562 3350
Maxine Barnes                              
Nick Rome
                           
VSA RESOURCES LIMITED                                        Tel: 020 7628 3989
William Voaden