Approval of annual accounts 2009

The Board of Directors of Nordic Mining ASA has today approved the financial

statements for 2009. Nordic Mining's consolidated net loss for 2009 is NOK -27.1

million (2008: -42.8 million) which is identical to the preliminary result

informed in stock exchange notice dated 24 February 2010.

The Board proposes to the general assembly that the negative result after tax in

the parent company of NOK 20,832,043 be set off against equity.

Enclosed please find the annual report for 2009 (Norwegian version). The report

will be available on the company's website www.nordicmining.com

. Preparation of an English version of the report

is ongoing.

Nordic Mining's Annual General Meeting is scheduled 16 June 2010.

For questions please contact CFO Lars K. Grøndahl, telephone +47-901 60 941.

Oslo, 19 April 2010

Nordic Mining ASA

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1405325]

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