SOURCE: MMX

July 03, 2008 17:02 ET

MMX Concludes the Acquisition of the Bom Sucesso Mining Right

RIO DE JANEIRO, BRAZIL--(Marketwire - July 3, 2008) - MMX Mineração e Metálicos S.A. (BOVESPA: MMXM3) (TSX: XMM), following the Public Announcement dated July 1st, 2008, informs that AVG Mineração S/A, a MMX Sudeste subsidiary, has concluded, on this date, the acquisition of the Bom Sucesso mining right owned by LGA - Mineração e Siderurgia Ltda.

MMX Mineração e Metálicos S.A.

Nelson José Guitti Guimarães

Chief Financial and Investor Relations Officer