Rusoro Mining-Annual General Meeting Results

Rusoro Mining Ltd. (RML) announces that at its Annual General Meeting held on Friday, September 12, 2008, with over 58% of the issued and outstanding shares voted, the following directors were elected to the Board: Vladimir Agapov, George Salamis, Andre Agapov, Gordon Keep, Jay Kaplowitz, Abraham Stein, John Reynolds, Peter Hediger, and Dmitry Ushakov. At the Company's AGM the shareholders also approved the re-appointment of Grant Thornton LLP as Chartered Accountants and the Company's stock option plan dated September 10, 2007 was re-approved. In the last 12 months, Rusoro has successfully completed the acquisition of two operating mines in Venezuela. The Company currently operates the fully permitted Choco 10 and Isidora Mines, processing the ore through the Choco Mill facility near the town of El Callao. The Company has significant 43-101 compliant gold resources and has targeted production of approximately 150,000 oz/Au in 2008. Rusoro is currently working on expanding its production at both the Choco 10 Mill in El Callao and the Emilia Mill in El Dorado where the fully-permitted SREP Mine is located.