FOR IMMEDIATE RELEASE

19 NOVEMBER 2010

Bisichi Mining Plc

Interim Management Statement

Bisichi Mining Plc (Bisichi), the UK mining company with direct coal mining
operations in South Africa, announces the following operational update:

As we notified shareholders earlier this month, Black Wattle Colliery (“Black
Wattle “), our direct mining operation in South Africa, has entered into an
agreement to contract mine and purchase Run of Mine coal from an opencast
reserve contiguous to Black Wattle. Work has started on the new 3 million
tonne high quality reserves which will have a significant effect on Black
Wattle’s earnings potential in 2011 for the following reasons:

* The stripping ratio of the new reserves averages 2.8:1 (the current Black
Wattle average stripping ratios are 5:1) and so mining costs will be
significantly reduced

* The washing plant yield on these reserves is substantially higher than the
yield on the reserves that we mined throughout 2010

* Much of the reserve comprises very low phosphorous coal, which we can sell
at a premium into the domestic metallurgical industry and delivery of this
coal is not reliant on the performance of the rail provider as the coal is
supplied by road transport.

The challenging environment experienced by Black Wattle in the first half of
2010 has continued into the second half of the year, primarily due to the
continued strengthening of the SA Rand against the US Dollar. As we have
already reported, to overcome the effect of the strong SA Rand:

* We increased production in the year by expanding our washing plant and
buying-in high quality coal.

* Our railway siding was also expanded and markets were found for this
increased production.

However the shortage of rail trucks to deliver this coal to our customers meant
that during the second half of the year we built up unacceptable levels of
stock. In order to reduce these stock levels we have had to stop buying-in coal
which in turn has had a material effect on our earnings and will result in a
loss for the year.

In the future, whether or not the state rail provider’s performance improves,
the new reserves that we are opening-up enable us to place more tonnage into
the domestic market and so we will not have the same pressures of the rail
performance, which is our primary transport for export markets.

Our relationship with Vunani Ltd, our new Black Empowerment partner at Black
Wattle, is working well. As previously stated, Vunani is a leading,
publicly-listed, black-owned and managed company.

Finally, income from Bisichi’s UK properties remains steady, with no
significant change in the second half of the year to date.

Mr Andrew Heller, Managing Director of Bisichi said:

`Following a number of high performance years, 2010 is proving to be a
disappointing year for Black Wattle. However, the benefits of mining the new
reserves in 2011, and our consequentially reduced reliance on the state rail
system, means that we are confident of the mine’s future performance and
renewed contribution to earnings.`

For further information, please call:

Andrew Heller, Bisichi Mining PLC 020 7415 5030

END

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.3

(1) An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the
shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director
/person discharging managerial responsibilities should complete boxes 1 to 3
and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer 2. State whether the notification
relates to (i) a transaction
notified in accordance with DTR
3.1.2 R;

(ii) a disclosure made in
accordance with LR 9.8.6 R(1), or;

(iii) a disclosure made in
accordance with section 793 of the
Companies act (2006)

London & Associated Properties i
PLC

3. Name of person discharging 4. State whether notification relates
managerial responsibilities/ to a person connected with a person
director discharging managerial
responsibilities/director named in
3 and identify the connected person

Michael Aron Heller Spouse – Mrs Morven Heller

5. Indicate whether the notification 6. Description of shares (including
is in respect of a holding of the class), debentures or derivatives
person referred to in 3 or 4 or financial instruments relating
above or in respect of a to shares
non-beneficial interest

4 Ordinary 10p shares

7. Name of registered shareholders 8 State the nature of the transaction
(s) and, if more than one, the
number of shares held by each of
them

Mrs Morven Heller Acquisition by inheritance

9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating to (treasury shares of that class
shares acquired should not be taken into account
when calculating percentage)

8,919 0.01%

11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating to (treasury shares of that class
shares disposed should not be taken into account
when calculating percentage)

13. Price per share or value of 14. Date and place of transaction
transaction

38.5pence 10 November 2010 London

15. Total holding following 16. Date issuer informed of transaction
notification and total percentage
holding following notification
(any treasury shares should not
be taken into account when
calculating percentage)

7.21% 10 November 2010

If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

17 Date of grant 18. Period during which or date on
which it can be exercised

19. Total amount paid (if any) for 20. Description of shares or
grant of the option debentures involved (class and
number)

21. Exercise price (if fixed at time 22. Total number of shares or
of grant) or indication that debentures over which options held
price is to be fixed at the time following notification
of exercise

23. Any additional information 24. Name of contact and telephone
number for queries

M C Stevens 02074155000

Name and signature of duly authorised officer of issuer responsible for making
notification

Michael C Stevens Director/Secretary

__________________________________________________________

Date of notification 10 November 2010

BISICHI MINING PLC

Black Wattle Colliery, finalises deal on high quality contiguous reserve

Bisichi Mining PLC (‘Bisichi’), the mining company with direct coal mining
operations in South Africa, is pleased to announce that its principal South
African subsidiary, Black Wattle Colliery (‘Black Wattle’), has concluded an
agreement with Blue Nightingale Trading 817 (Pty) Ltd (“Blue Nightingale”), to
purchase Run of Mine coal from an opencast reserve of coal contiguous to Black
Wattle’s existing opencast mine. The reserve consists of approximately three
million metric tonnes of high quality low phosphorous run of mine coal with an
average opencast stripping ratio of 2.8 to 1. The agreement with Blue
Nightingale, a black owned and managed mining company, includes the
implementation of a skills transfer programme.

This transaction was concluded immediately after Blue Nightingale had
acquired from the Department of Mineral Resources the relevant mining approvals
for a large portion of the reserve. Opening of the opencast pit is to commence
immediately with first Run of Mine coal expected to be received by Black Wattle
in December 2010.

Andrew Heller, Managing Director of Bisichi, said:

‘We are very pleased to be involved with Blue Nightingale in the development of
this reserve, which is a significant addition to our own existing opencast
operations. The conclusion of this agreement will have a significant impact on
Black Wattle’s development and life of mine. The high quality low phosphorous
coal which will be mined from the new reserve can be sold either into the
domestic metallurgical markets at a premium price or the export market and we
look forward to taking advantage of this as production from the reserve
increases in 2011.’

END

For further information, please call:

Andrew Heller, Bisichi Mining PLC 020 7415 5030