Holding(s) in Company

Greatland Gold PLC
06 August 2007

                               GREATLAND GOLD PLC



Holding in Company


Dated: 6 August 2007


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1.            Identity of the issuer or the underlying issuer of existing shares to
               which voting rights are attached:

               Greatland Gold plc

2.            Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights:                                   x

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are
attached:

An event changing the breakdown of voting rights:                                                  

Other (please specify):                                                                            

3.            Full name of person(s) subject to the notification obligation:

               City Equities Ltd

4.             Full name of shareholder(s) (if different from 3.):

               N/A

5.            Date of the transaction (and date on which the threshold is crossed
               or reached if different):

               30 July 2007 (Placing)
               3 August 2007 (Admission)

6.            Date on which issuer notified:

               3 August 2007

7.             Threshold(s) that is/are crossed or reached:

               10% to nil

8.            Notified details

               A. Voting rights attached to shares:

Class/type of     Situation previous to the Resulting situation after the triggering transaction
shares            Triggering transaction
                  Number of    Number of    Number of    Number of voting     % of voting rights
 if possible      Shares       Voting       shares       rights ix
using the ISIN                 Rights viii               Direct  x Indirect   Direct   Indirect
CODE                                                               xi
GB00B15XDH89       20,000,000   20,000,000      nil         nil        -        nil        -

               B. Financial Instruments:

               Resulting situation after the triggering transaction:

Type of      Expiration   Exercise/      Number of voting            % of voting
financial    date         Conversion     rights that may be          rights
instrument                Period/Date    acquired if the
                                         instrument is exercised/
                                         converted


Total (A+B)
Number of voting rights                                       % of voting rights

     nil                                                              nil

9.            Chain of controlled undertakings through which the voting rights and/
               or the financial instruments are effectively held, if applicable:

               N/A

Proxy Voting

10.          Name of the proxy holder:                                 n/a

11.          Number of voting rights proxy                             n/a
               holder will cease to hold:

12.          Date on which proxy holder                                n/a
               will cease to hold voting
               rights:

13.         Additional information:


Shares held through a Placing participation, which have subsequently been sold
to certain of our private customers, with City Equities acting as Principal.

14.          Contact name:                                       Andrew Thacker

15.          Contact telephone number:                   020 7489 5536



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