ORBMINCO LIMITED — Board/Management Information 2008

Jan 8, 2008

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9 January 2008 ASX ANNOUNCEMENT

CHIEF GEOLOGIST APPOINTED

• Five years uranium experience with the Beverley Uranium Mine in South Australia

• Senior Resource Geologist at Beverley

• Experience in Central Asian geology and Russian exploration methodology

Monaro Mining NL (“MRO”) is pleased to announce the appointment of Jerome Randabel to the position of Chief Geologist. Jerome is a highly qualified geologist, and has a Bachelor of Science (Honours) in Geology from the University of Adelaide. He has over 15 years experience in exploration and mine development and comes to the Company with a wealth of uranium experience. In particular, Jerome has spent approximately the last 5 years on the Beverley Uranium Mine in South Australia which has involved hands-on exploration and production experience, culminating in his appointment as Senior Resource Geologist of that project. In addition, Jerome brings strong skills in planning and execution of administrative, logistic and personnel activities, having managed the geology department at the Beverley Mine.

In addition, he is familiar with Russian exploration methods and reporting as well as Central Asian geology and has completed several due diligence assessments on ISL uranium mines in this region.

Commenting on the appointment, the Chairman Mr Warwick Grigor said:

“ We are delighted that Jerome has agreed to join the Monaro technical team, which the Board is committed to strengthen at every opportunity. Uranium expertise is in short supply so we are particularly pleased to secure a person with such recent hands on experience at an operating mine. Jerome’s exposure to Central Asia dovetails neatly with our Kyrgyz projects .”

FURTHER INFORMATION

For further information please contact Mart Rampe, Managing Director, on +61 2 4647 9566 or Anne Adaley, Company Secretary, on +61 2 9089 8860.

ABOUT MONARO MINING NL – “Building a Serious Uranium Company”

Monaro Mining NL is an Australian-based international exploration and development company focusing on uranium. Its major assets include a highly prospective set of tenements in the Central Asian Kyrgyz Republic and Australia, with some of these holding potential for gold as well. Monaro aims to grow both through project acquisition and corporate initiatives such as the recently announced merger proposal with Uranium King Limited, which will provide the opportunity for near term uranium production in the USA. The shares are listed on the Australian Stock Exchange, the Frankfurt Stock Exchange and it is progressing with an AMEX ADR listing in the USA.