Griffin Mining Ltd (“the Company”) announces that on 1st May 2015 it purchased 1,500,000 of the Company’s own ordinary shares (“Ordinary Shares”) at a price of 40.0p per share. The Ordinary Shares have been purchased to be held in treasury. Following completion of the purchase of these shares there will be 8,703,103 shares held in treasury.

The purchase represented 0.8% of the Company’s issued share capital and was pursuant to the bye-laws of the Company and a resolution passed by the directors.