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Oxus Gold PLC (OXS)

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Monday 21 March, 2005

Oxus Gold PLC

Holding(s) in Company

Oxus Gold PLC
21 March 2005

news release

For immediate release: 21 March 2005

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

                               Holding in Company

Oxus received notification on 21st March 2005 pursuant to the provisions of the
Companies Act 1985 that RAB Capital plc, acting as investment manager for a
number of commingled funds, has increased it's shareholding by 9,041,000
ordinary shares and now holds 33,891,637 ordinary shares of the company
representing 11.81 per cent of the issued share capital.


For further information, please contact:

Oxus Gold plc
Richard Wilkins, Company Secretary           Tel: + 44 (0)20 7907 2000

Keith Irons                                  Tel: + 44 (0)20 7444 4155

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