TIDMMML 
 
Medusa Mining Limited 
                          ("Medusa" or "the Company") 
 
                                Issue of Equity 
 
23 April 2010 
 
The  Company  announced  on  30 March  2010, that  it  had issued 17,027,845 new 
ordinary  shares of nil  par value in  the Company, pursuant  to the Bonus Issue 
announced  on 8 March 2010. The new ordinary  shares were issued to shareholders 
as at the record date, being 5.00pm (AWST) on 19 March, on a 1 for 10 basis. 
 
Following  the issue of the new ordinary  shares as described above, the Company 
had a total of 187,409,805 ordinary shares of nil par value in issue. 
 
Due  to an administrative oversight, 10,106 ordinary  shares in the Company (not 
included  in the total issued new ordinary shares figure above) were not issued. 
The  Company have  now issued  these 10,106 ordinary  shares and application has 
been  made to admit them to trading on AIM, expected to be on 29 April 2010. The 
new  Ordinary Shares will rank  pari passu with the  existing Ordinary Shares in 
the Company. 
 
The  total  number  of  new  Ordinary  shares  issued  under  the Bonus Issue is 
therefore 17,037,951. 
 
Following  the issue of the new ordinary  shares as described above, the Company 
now has a total of 187,419,911 ordinary shares of nil par value in issue. 
 
Contact details: 
 
Medusa Mining Limited 
Geoffrey Davis, Managing Director 
Roy Daniel, Finance Director 
Tel: +61 8 9367 0601 
 
Fairfax I.S. PLC 
Nominated Adviser and Broker 
Ewan Leggat /Laura Littley 
Tel: +44 (0)20 7598 5368 
 
Lothbury Financial 
Michael Padley / Libby Moss 
Tel: +44 (0)20 7011 9411 
 
 
 
[HUG#1407306] 
 

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