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Oxus Mining Plc (OXS)

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Thursday 18 October, 2001

Oxus Mining Plc

Appointment

Oxus Mining Plc
18 October 2001


                                PRESS RELEASE

The following statement has been released by Oxus Mining plc and is issued in
London by Bankside Consultants on behalf of the Company.  Contact: Keith Irons
- 020 7444 4155

                               OXUS MINING PLC

                         OXUS APPOINTS JOINT BROKERS


LONDON: 18 October 2001 - Oxus Mining plc announces that it has appointed
Hoodless Brennan and Partners plc to act as joint brokers for the company in
association with its current brokers, Old Mutual Securities Ltd.  Old Mutual
also acts as Oxus Mining's nominated adviser.


Further enquiries:

Roger Turner, CEO, Oxus Mining plc        
01483 714 411 / 07768 291 546

Michael De Villiers, Finance Director, Oxus Mining plc 
01483 714 411 / 07899 917 096

Keith Irons, Bankside Consultants, London                               
020 7444 4155 / 07885 356 639