Mirabela Nickel - Investor Update and Financial Report

    ABN 23 108 161 593

    PERTH, Western Australia, Sept. 24 /CNW/ - Mirabela Nickel Limited
("Company") (TSX - MNB, ASX - MBN).  The Company has released an investor
update presentation, which has been filed with the Australian Securities
Exchange ("ASX").  Separately, the Company has filed its Financial Report for
the financial year ended June 30, 2007 and related Management's Discussions &
Analysis with the ASX.
    A copy of these materials may be found on the ASX website
(www.asx.com.au) under Mirabela's name and on Mirabela's website

For further information:

For further information: Nick Poll, Managing Director, Telephone: +61 8
9324 1177, Email: info@mirabela.com.au www.mirabela.com.au

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Mirabela Nickel Ltd.

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