Central China Goldfields plc                          

                           ("GGG" or "the Company")                            

                             DONG MAO HUO PROJECT                              

                           BUSINESS LICENCE GRANTED                            

LONDON - 22 October 2007 - Central China Goldfields plc (AIM: GGG) is pleased
to announce that the Company has received the Business Licence for the Dong Mao
Huo near surface gold project in Inner Mongolia.

The granting of the Business Licence means that the Sino-Foreign Joint Venture
Company, called Central China Zhengyuan Minerals Inc. ("CCZM"), is now
established and recognised by the authorities.

Both parties will now start the process of transferring one Mining and two
Exploration Licences from the Shandong Zhengyuan Geology & Resource Co. Ltd. to
CCZM.

Jeff Malaihollo, Managing Director of Central China Goldfields plc, comments:
"The granting of the Business Licence is the next step in the Company's plan to
put Dong Mao Huo back into production."

For Further Information:

Central China Goldfields plc       Hanson Westhouse Limited          
                                                                     
Dr. Jeffrey Malaihollo             Louis Castro / Anita Ghanekar     
                                                                     
Tel: 020 7621 0200                 Tel: 020 7601 6100                
                                                                     
Email: info@ccgoldfields.com                                         
                                                                     
www.ccgoldfields.com                                                 
                                                                     
Smithfield Consultants             King & Shaxson Capital Limited    
                                                                     
Rupert Trefgarne / Christopher     Nick Bealer                       
Chew                                                                 
                                   Tel: 020 7426 5986                
Tel: 020 7360 4900                                                   



END
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