ORBMINCO LIMITED — Capital/Financing Update 2006

Jul 20, 2006

21 July 2006

Quotation of Shares on the Frankfurt Stock Exchange

The Company is pleased to announce that its shares have commenced trading on the Frankfurt Stock Exchange following a successful application for listing.

The Company's shares are trading on the XETRA electronic platform with Concord Effekten AG appointed as the Designated Sponsor. The Short Code for the shares in Germany is M2H.

Information on Monaro Mining market activity on the Frankfurt Stock Exchange can be obtained from the following web site:

www.boerse-frankfurt.com/pip/dispatch/en/pip/private_investors/aktien/aktiensuche

The listing has been secured following representations from German bankers seeking a listing in Germany to make trading in Monaro shares more accessible to their client base. The Company looks forward to greater representation of European investors on the shareholder register as a consequence of the Frankfurt listing.

Concurrent with the Frankfurt listing, the Company intends to change its share registry to Computershare Investor Services Pty Ltd, effective from 31 July 2006.

Wlast Rampe

Mart Rampe Executive Director

Further Information

For further information please contact Mart Rampe, Executive Director, on (02) 46479566 or Warwick Grigor, Chairman, on (02) 92470077.