EUROPEAN MINERALS CORPORATION
                                                   
                                            (the "Company")
                                                   
                             Trading Symbols: EPM (TSX), EUM (London AIM)
                                                   

1 May 2008

Disclosure of shareholding

The  Company announces that it has received a notification that Charlemagne Capital (IOM) Limited,  on
behalf  of  managed  funds, now holds in aggregate 49,820,775 common shares of no  par  value  in  the
Company. This holding represents approximately 16.39% of the voting rights of the Company.

As  of 30 April 2008, the Company's total issued and outstanding share capital consists of 303,877,981
common shares.

For further information please contact:

Graham A. Potts - Company Secretary                   
European Minerals Corporation                         
22 Grosvenor Square, London,                          
W1K 6LF
Tel:  +44 (0) 20 7529 7508                            
Fax: +44 (0) 20 7491 2244                             
e-mail: info@europeanminerals.com                     
Website: www.europeanminerals.com                     


                                                                
European Minerals Corporation



                                                                

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