Company Information for Van Dieman Mines Plc

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Company Statement

Van Dieman Mines plc owns 13 exploration and retention licences in Tasmania and was admitted to London’s Alternative Investment Market (AIM) in November 2004.

The Scotia, Central Ringarooma and Great Northern Plains areas constitute a tin and gem based resource in excess of 100 million cubic meters. Further areas immediately adjoining the Great Northern Plains resource are estimated to contain in excess of 39 million cubic meters while offshore, extending into Bass Strait, a tin mineralisation zone of some 200 million cubic meters has been delineated.

These alluvial mineral resources encompass a number of discrete project areas. Some deposits such as Endurance and Pioneer which form part of the Central Ringarooma area are "stand alone" projects whilst others such as Scotia, Great Northern Plains and Offshore are linked together, such that they each form part of a major resource area.

The mining strategy to be adopted by Van Dieman Australia is for it to use the funds raised by the Company from the Placing to commence mining the Scotia and Central Ringarooma resources simultaneously. Mine start up is scheduled within 12 months.

Current Operations

The Scotia, Central Ringarooma and Great Northern Plains areas constitute a tin and gem based resource in excess of 100 million cubic meters. Further areas immediately adjoining the Great Northern Plains resource are estimated to contain in excess of 39 million cubic meters while offshore, extending into Bass Strait, a tin mineralisation zone of some 200 million cubic meters has been delineated.

These alluvial mineral resources encompass a number of discrete project areas. Some deposits such as Endurance and Pioneer which form part of the Central Ringarooma area are "stand alone" projects whilst others such as Scotia, Great Northern Plains and Offshore are linked together, such that they each form part of a major resource area.

Following an independent technical review resources measuring in excess of 100 million cubic metres of alluvial sediments have been delineated within the Scotia, Central Ringarooma and Great Northern Plains areas. Of these 11.5 million cubic metres contained in the Scotia and Central Ringarooma project areas are considered to represent measured mineral resources which the Directors believe can be immediately developed and economically exploited. In addition these project areas are considered to contain a further 27.5 million cubic metres classified as inferred mineral resources and with ongoing exploration it is anticipated these will become measured mineral resources. Onshore, on the Great Northern Plains, a measured mineral resource of 40 million cubic metres has been delineated. Further areas immediately adjoining this resource are estimated to contain in excess of 39 million cubic metres. Offshore, extending into Bass Strait a tin mineralised zone of some 200 million cubic metres has been delineated.

The data that is available from previous exploration programmes conducted on the Great Northern Plains, Offshore and within other licence areas confirms the presence of tin with associated heavy mineral and gem based mineralisation. Additional exploration and drilling to be undertaken should prove up these resources and may confirm their economic viability.

Geographical Spread

Tasmania, Australia- Tin & Sapphire

Board of Directors and Key Management

Mr Clive Trist	Managing Director
Mr Ken Frey	Executive Director Marketing
Mr Neil Kinnane	Executive Director - Exploration & Operations
Dr Mike Etheridge	Non Executive Chairman
Mr Ron Goodman	Non Executive Director

Company Address Level 2, 201 Miller Street North Sydney, New South Wales, Australia 2060 Telephone: +61 (0) 2 8908 5111 Facsimile: +61 (0) 2 8920 1493 Email: clive.trist[at]vandiemanmines.com Website: http://www.vandiemanmines.com

Capital Number of shares in issue is: 98,492,107

Annual General Meeting TBA

Year End 31 December

Nominated Brokers Ambrian Partners Ltd

Nominated Advisors Grant Thornton Corporate Finance

Broker/Analyst Reports

01/08/07 - Fox Davis Capital

Major Shareholders

Markswift Limited	37.92%
Credit Suisse Nominees Client Nominees (UK) Limited	19.99%
Bank of New York Nominees Limited	4.90%
Chase Nominees Limited	4.86%
HSBC Global Custody Nominee (UK) Limited	4.82%
HSBC Global Custody Nominee (UK) Limited	4.06%
Z Nominees Limited	3.48%
HSBC Global Custody Nominee (UK) Limited	3.45%

Related News

23/09/08 - Van Dieman Mans The Pumps At Scotia, Hoping For Full Production In January 2009
28/05/08 - Van Dieman Mines Tries To Steer A Path To Production, Years Behind Schedule
25/09/07 - Van Dieman Raising Key Development Funding In London
16/01/07 - Van Dieman Waits Patiently For Tasmanian Civil Servants To Get To Work.

Most Recent Statement

17/11/08 - Operational Update
26/09/08 - Interim Results
30/06/08 - Annual Report and Accounts
16/05/08 - Operational and Corporate Update
20/12/07 - Scotia Mine - Construction Progressing on Schedule
20/11/07 - Project Update