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Oxus Gold PLC (OXS)

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Friday 03 September, 2004

Oxus Gold PLC

Holding in Company

Oxus Gold PLC
03 September 2004

                    Oxus Gold plc ('Oxus' or 'the Company')

                               Holding in Company

Oxus has been notified pursuant to the provisions of the Companies Act 1985 in a
letter dated 2 September 2004 that Fidelity International Limited and it direct
and indirect subsidiaries, being non-beneficial holders, now holds 11,059,095
ordinary shares representing 5.02 per cent. of the ordinary issued share capital
of the Company.

                      This information is provided by RNS
            The company news service from the London Stock Exchange