Holding(s) in Company

Condor Resources PLC
13 September 2006


                              Condor Resources plc

                               Holding in Company

The company wishes to advise that it has received notification from C.I.M.
Special Situations Fund that it has a beneficial interest in 4,100,000 ordinary
shares of 1p each in the Company, which represents approximately 3.16% of the
issued share capital.

The beneficial owners of the shares are as follows:

CIM Special Situations Fund       4,100,000 Shares

13th September 2006

For further information please contact:

Condor Resources PLC
Nigel Furguson CEO
[phone] or [phone]

Nabarro Wells & Co. Ltd
Hugh Oram or Jonanthan Naess
[phone]




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