Result of General Meeting and Grant of Options

1 October 2010 - London: European Nickel PLC ("European Nickel" or the
"Company") (AIM,PLUS, ASX: ENK) is pleased to announce that all the resolutions
put to shareholders today at the General Meeting ("GM") of the Company were
passed.  Resolutions 5 and 7 were withdrawn prior to the meeting.

Share options over Ordinary shares of 4p each were therefore granted today to
the following directors (and/or such persons as they may nominate pursuant to
the terms of the grant) as per resolutions 4 and 6 of the notice to the GM:

Director             Options granted and total options now held

Robert Gregory       2,000,000
Mark Hanlon         1,500,000

The options over shares in the Company were granted at a price of 28p and are
exercisable as follows:

One third on the date on which the price of the Ordinary Shares as quoted on AIM
closes at 56 pence or higher for a minimum of 10 consecutive trading days, but
in any event not less than 12 months from the date the options are granted;

One third on the date on which the price of the Ordinary Shares as quoted on AIM
closes at 70 pence or higher for a minimum of 10 consecutive trading days, but
in any event not less than 24 months from the date the options are granted; and

One third on the date on which the price of the Ordinary Shares as quoted on AIM
closes at 84 pence or higher for a minimum of 10 consecutive trading days, but
in any event not less than 36 months from the date the options are granted.

The share options will expire five years from the date the options are granted.

Ordinary shares resulting from the exercise of any such rights will rank pari
passu in all respects with the ordinary shares in issue at the time of such
exercise.

Following the grant of the above options the Company will have 14,305,600 shares
under option in issue.


For more information, please visit www.enickel.co.uk or contact:

Mark Hanlon, European Nickel
Tel: +44 20 7290 3130

Andrew Chubb or Tarica Mpinga, Canaccord Genuity
Tel: +44 20 7050 6500

Alex Buck, BuckBias
Tel: +44 7932 740 452




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Source: European Nickel PLC via Thomson Reuters ONE


Unternehmen: European Nickel PLC - ISIN: GB00B3XPFJ68