extract of Senegal production :Carnegie would also like to...

extract of Senegal production :

Carnegie would also like to update the market as to its Gambian operations where it has three
dredges fully operational and a fourth scheduled to come into production next month. The
project is already producing around 10,000 tonnes per month of Heavy Mineral Concentrate
for export to China under existing offtake agreements.

Carnegie listed on AIM in August 2006. It has already brought into full production three dredges
and is on track to meet its 2007 production targets in The Gambia. It has completed a high
resolution airborne geophysical survey over the Southern Senegal licence area generating a
number of targets for test drilling. It drilled the first evaluation target in Senegal (Niafarang) &
recently announced a high grade resource for this area.