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Oxus Gold PLC (OXS)

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Tuesday 30 November, 2004

Oxus Gold PLC

Holding(s) in Company

Oxus Gold PLC
30 November 2004

                    Oxus Gold plc ('Oxus' or 'the Company')
                               Holding in Company
Oxus has been notified pursuant to the provisions of Sections 198(1) and 208(4)
(B) of the Companies Act 1985 in a letter dated 29 November 2004 that Wellington
Management Company LLP now holds 10,041,100 ordinary shares representing 4.56
per cent. of the ordinary issued share capital of the Company.

Wellington Management Company LLP holds the shares in Oxus in its capacity as
discretionary investment manager and the shares are registered in the name of
various separate accounts or their custodians or nominees.

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