The administrative court of Vasa has decided to withdraw the permission to temporarily discharge mine water.

PRESS RELEASE SEPTEMBER 7, 2012 The administrative court of Vasa has decided to withdraw the permission to temporarily discharge mine water. The permission was earlier given by the Regional State Administrative Agencies on 9.5.2012 nr. 40/12/1 The court states that the regional agency made their decision with reference to the wrong paragraph in the environmental protection law. Nordic Mines has not yet discharged any water in accordance with the permit from May 2012...

PRESS RELEASE SEPTEMBER 7, 2012

The administrative court of Vasa has decided to withdraw the permission to temporarily discharge mine water. The permission was earlier given by the Regional State Administrative Agencies on 9.5.2012 nr. 40/12/1 The court states that the regional agency made their decision with reference to the wrong paragraph in the environmental protection law.

Nordic Mines has not yet discharged any water in accordance with the permit from May 2012. Since a permanent pipe line for water discharge will be taken into use the forthcoming weeks the company makes the conclusion that no temporary discharge will be needed. Nordic Mines see no reason to appeal the decision from Vasa administrative court.

Background

In March this year the Finnish media noted that there was a risk of discharge of environmental hazardous elements from a dam construction at the Laiva mine in Raahe, since Nordic Mines had applied for discharge of excess water at a temporary discharge point. The application was prepared after a long period of heavy precipitation. The temporary discharge point was never used.

For more information please contact:

Michael Nilsson, CEO, +46 18 84 345 01

For more information about Nordic Mines, please see; www.nordicmines.se

The information above has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 17,20 (CET) on Sep 7, 2012.

Nordic Mines is a Nordic mining and exploration company whose goal is to be one of the leading gold producers in Europe and a role model in respecting the environment. The company started mining gold in the Laiva mine in Finland in summer 2011. These gold deposits are among the largest in the Nordic region. Exploration is in progress in Finland and Sweden. Nordic Mines has 118 employees and its head office is in Uppsala. The Nordic Mines share is traded on the Nasdaq OMX Mid Cap list in Stockholm.

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