Endomines AB reinforces its organization and recruit a CFO

The press release including tables can be downloaded from the
following link:
Press release (PDF)

Endomines AB appoints Mr. Börje Lindén to Chief Financial Officer and
reinforces its organization. He takes up the post in September 2008.

Mr. Lindén has extensive experience as Financial Controller from
listed international groups both in Finland and Sweden. Börje's
latest employment was with Hebi Health Care AB. Before that he was
Group Business Controller at the pharmaceutical wholesaler Tamro with
headquarter in Sweden. He also he has experience from Spontel Oy in
Finland as well as PriceWaterhouse Coopers both in Finland and
Sweden. Börje graduated with a M.Sc. from the Swedish School of
Economics in Finland. The recruitment of Börje with his long
experience in administrative management functions in international
environments should be seen as a part of the company's continued
strengthen of the organization in front of the planned
mining-production of gold." Mr. Börje adds valuable expertise and knowledge in Economic and
Financial issues to the company. He is a very reputable and
knowledgeable professional and reinforces our organization
significantly. With Börje's experience, we can better develop the
company's reporting and business routines before the planned
production" says Timo Lindborg, CEO of Endomines.


For further information, please, contact:

Timo Lindborg, Chief Executive Officer
Phone: +46-8-611 66 45, mobile: +358-40-50 83 507

Endomines AB (publ) explores mineral deposits in Finland. The Company
owns mining permits or claims over all the known gold deposits along
the Karelian Gold Line, Pampalo mine among others wherein the Company
aims at starting the operation in 2009. In addition, Endomines has
claims for more gold deposits in Finnish Lapland. Besides gold, the
Company is focusing on industrial mineral ilmenite which seems to
have stable demand growth and price development. These ilmenite
deposits exist in central Ostrobothnia.

Endomines applies SveMin's and FAERI's common reporting rules for
public mining and exploration companies. Endomines has decided to
show the mineral resources according to the internationally accepted
JORC or NI 43101 code. Endomines applies International Financial
Reporting Standards (IFRS) as the reporting standards for account
principles and annual accounts practice. The use of IFRS helps to
compare the Company with foreign exploration and mining companies.


More about Endomines press releases at
http://www.endomines.com/news.php