Holding(s) in Company

Mercator Gold PLC 27 July 2006 Mercator Gold plc (the 'Company') Notification of significant holdings 27 July 2006 Under sections 198 to 202 of the Companies Act 1985 the following information falls to be disclosed: The Company was notified on 27 July 2006 that Newland Resources Ltd was interested in a total of 1,775,809 Ordinary Shares in the Company representing 3.32% of the current issued capital of the Company. For further information please contact: Mercator Gold plc Patrick Harford, Managing Director Tel: +44 (0) 20 7929 1010 Email: info@mercatorgold.com Website: www.mercatorgold.com Parkgreen Communications Justine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713 This information is provided by RNS The company news service from the London Stock Exchange

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