Neptune Minerals Plc ('the Company') received notification on 11 October 2007 from RAB Special Situations (Master) Fund Limited, on behalf of Credit Suisse Client Nominees (UK) Limited, that it no longer has a notifiable interest in the voting rights of the Company.

For further information please contact:

Simon McDonald (Neptune MD and CEO):                                   This e-mail address is being protected from spam bots, you need JavaScript enabled to view it  

Olly Cairns (Blue Oar Securities Plc, Nomad and Broker):       T: +61 (0) 8 6430 1631