Holding(s) in Company

Mercator Gold PLC
30 April 2007

                                
                               Mercator Gold plc

                             Holding in the Company

London 30 April 2007 - Mercator Gold plc (the 'Company') was notified on 27
April 2007 that Rajhi Holdings was interested in a total of 5,635,806 Ordinary
Shares in the Company representing 9.3% of the current issued capital of the
Company.

For further information please contact:

Mercator Gold plc
Patrick Harford, Managing Director         Tel: [phone]
Email: [e-mail]
Website: www.mercatorgold.com

Bankside Consultants Ltd                   Tel: [phone]
Simon Rothschild
Keith Irons
Oliver Winters

AIM: MCR


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