MMX Announces Third Quarter 2008 Results

| Source: MMX Mineracao e Metalicos S.A. MMX Mineracao e Metalicos S.A.

RIO DE JANEIRO, BRAZIL--(Marketwire - November 14, 2008) - MMX Mineração e Metálicos S.A. (BOVESPA: MMXM3) (TSX: XMM) announces its results for the 3Q08 Earnings Results. To access the complete Earnings Release, please click below. http://mmx.infoinvest.com.br/enu/1260/EarningsRelease3Q08_Eng.pdf 

                               Audio Conference

                      Date: November 17th, 2008 (Monday)
            Time: 10:00 a.m. (NY time) 13:00 p.m. (Brasilia time)
                      Telephone USA:  +1 (800) 860-2442
                     Telephone Brazil:  +55 (11) 4688-6301
                  Telephone Other Countries:  +1 (412) 858-4600
                               Access Code: MMX

Speakers: Joaquim Martino (Executive President) and Nelson José Guitti Guimarães (CFO and Investor Relations Officer)

Please dial-in 10 minutes prior to the start of the call. 

                     Rio de Janeiro, November 17th, 2008

                        MMX Mineração e Metálicos S.A.

                        Nelson José Guitti Guimarães
              Chief Financial and Investor Relations Officer

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MMX MMX Mineração e Metálicos S.A. MMXM3 XMM