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ORA BANDA MINING LTD Capital/Financing Update 2008

Feb 7, 2008

65475_rns_2008-02-07_7d591ac3-a741-46fd-bae8-a79e4fbf4f14.pdf

Capital/Financing Update

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MARKET RELEASE

8 February 2008

Monarch Gold Mining Company Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Monarch Gold Mining Company Limited (the "Company") will be suspended from quotation effective from today, at the request of the Company, pending the release of an announcement.

Security Code: MON

VAut

Nicholas Ong Senior Adviser, Issuers

MONARCH GOLD MINING COMPANY LIMITED

23 Ventnor Ave, West Perth. Western Australia 6005 Telephone: +61 8 9481 6422 Facsimile: +61894816433

7 February 2008

Mr N. Ong Issuers Adviser Australian Stock Exchange Limited, Level 8, Exchange Plaza, 2 The Esplanade, PERTH WA 6000

BY FACSIMILE: 9221 2020 (1 PAGE)

Dear Nicolas,

TRADING HALT

Further to our request for a trading halt made by Monarch Gold Mining Company Limited (Company) on 5 February 2008, we request a voluntary suspension pending the release of an announcement regarding the completion of a capital raising by the Company.

Yours sincerely

Patrick McCole Company Secretary