Holding(s) in Company

Mercator Gold PLC
18 May 2007




                       Mercator Gold plc (the 'Company')

                             Holding in the Company


London 18 May 2007 - Under sections 198 to 202 of the Companies Act 1985 the 
following information falls to be disclosed:

The Company has been notified that Commonwealth Bank of Australia and associated 
entities have an interest in 3,972,214 shares in the Company, representing 6.55 
per cent of the issued share 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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