Holding(s) in Company

Golden Prospect Precious Metals Ltd
14 May 2007



                                                                     14 May 2007



                    Golden Prospect Precious Metals Limited
                                (the 'Company')


                          Re: Notification of Interest



Pursuant to Disclosure Rule 17 the Company was notified today that Ambrian
Capital plc is now interested in 6,457,706 ordinary shares which represents
49.96% of the ordinary shares of the Company, following the sale by Ambrian
Capital plc of 2,850,000 ordinary shares at 111 pence per share on 11 May 2007.


All Enquiries:


Robert Rasbach
Ambrian Asset Management Limited
8 Angel Court
London
EC2R 7HP
Tel: [phone]
Fax: [phone]


Simon Atkinson
Collins Stewart Europe Limited
88 Wood Street
London
EC2V 7QR


Tel: [phone]


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