AGRICOLA RESOURCES - PRESS RELEASE

SHAREHOLDING NOTIFICATION

London : 15 October 2003. The Company has been notified that following their subscription to the placing announced on 14th October 2003 the Resources Investment Trust plc has acquired a further 1,500,000 ordinary shares in the Company and now holds 8,166,667 shares, 13.98% of the Company's issued capital.

The directors of Agricola accept responsibility for this announcement.

Contact :

Bob Young
Agricola Resources plc
Tel: 01353 648 931
Email

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