Holding(s) in Company

Metals Exploration PLC
07 October 2005


                     Metals Exploration Plc ('the Company')

                      Notification of significant holding

7 October 2005


Under sections 198 to 202 of the Companies Act 1985 and rule 17 of the AIM Rules
the following information falls to be disclosed.


The Company was notified on 7 October 2005 of the following shareholding:


Ordinary Shares of 1        Management Company           Nominee/Registered Name
  pence each held
    2,820,077         Fidelity Management & Research        Mellon Bank N.A.
                                Company
      627,720       Fidelity International Limited    Brown Bros Harrimn Ltd Lux



This represents a total of 7.31% of the issued share capital of the Company.







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