The Karelian Gold Line Environmental Impact Assessment Study Completed

An environmental impact assessment study of the production consequences at the
currently known seven satellite gold deposits along the Karelian Gold Line has
been completed and submitted to North Karelian Centre for Economic Development,
Transport and the Environment.

The environmental impacts of mining and ore transports from the currently known
gold deposits Hosko, Kuivisto, Pampalo NW, Rämepuro, Muurinsuo, Korvilansuo and
Kuittila to the Pampalo processing plant, as well as the impact on people’s
living conditions have been thoroughly researched in the report. All activities
from mining preparation to site rehabilitation have been included. The study is
covering the currently estimated life cycle of the operations extending to 2020.

The report was prepared by the environmental consulting company Linnunmaa Oy on
behalf of Endomines Oy. A report in Finnish will be announced and published by
North Karelian Centre for Economic Development, Transport and the Environment
and can be downloaded from Endomines’ website when published. The procedure for
assessment of the environmental impact is expected to be finalised in June-July
2013 when North Karelian Centre for Economic Development, Transport and the
Environment has given its opinion regarding the environmental impact assessment
study.

Endomines has further agreed with the environmental authorities that a renewal
of the environmental permit for Pampalo will be included in the currently on
going environmental permit application for Rämepuro. The purpose of this
procedure is to ensure as fast collective handling of the environmental permits
as possible.

For further information, please contact:
Markus Ekberg
CEO of Endomines AB
tel. +358 40 706 48 50

or visit www.endomines.com

About Endomines AB
Endomines AB is a Nordic mining and exploration company with its first operating
gold mine in production since February 2011. The mine is located in Eastern
Finland, on the Karelian Gold Line, a 40 km long gold critical belt, where
Endomines controls all currently known gold deposits.

The company’s business practices and mining operations are based on sustainable
principles and on minimizing the impact on the environment.

Endomines applies SveMin's & FinnMin's respective rules for reporting (public
mining & exploration companies). It has chosen to report mineral resources and
ore reserves according to the JORC-code, which is the internationally accepted
Australasian code for reporting ore reserves and mineral resources.

The shares of Endomines AB are quoted on NASDAQ OMX Stockholm under ticker ENDO
and on NASDAQ OMX Helsinki under ticker ENDOM. Pareto Öhman acts as Liquidity
Provider.

Read more about Endomines on www.endomines.com

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Endomines AB discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was submitted for publication at 08:45 CET on 28 May, 2013.

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This news release may contain forward-looking statements, which address future
events and conditions, which are subject to various risks and uncertainties. The
Company's actual results, programs and financial position could differ
materially from those anticipated in such forward-looking statements as a result
of numerous factors, some of which may be beyond the Company's control. These
factors include: the availability of funds; the timing and content of work
programs; results of exploration activities and development of mineral
properties, the interpretation of drilling results and other geological data,
the uncertainties of resource and reserve estimations, receipt and security of
mineral property titles; project cost overruns or unanticipated costs and
expenses, fluctuations in metal prices; currency fluctuations; and general
market and industry conditions.

Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.