NOTIFICATION  OF  THE  REMOVAL  FROM  LISTING  AND REGISTRATION OF THE STATED
SECURITIES

The American Stock Exchange LLC hereby notifies  the  SEC of its intention to
remove   the  entire  class  of  the  stated  securities  from  listing   and
registration  on  the Exchange at the opening of business on October 11, 2007
pursuant to the provisions of Rule 12d2-2 (a). 17CFR240.12d2-2(a)(3)

The removal of Rio Narcea Gold Mines, Ltd. Common Shares of Beneficial Interest,
Without Par Value, is being effected because the Exchange knows or is reliably
informed that on September 28, 2007 the instruments representing the securities
comprising the entire class of this security came to evidence, by operation of
law or otherwise, other securities in substitution therefore and represent no
other right except, if such be the fact, the right to receive an immediate cash
payment.

The security was suspended from trading by the Exchange on October 1, 2007.