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Marakand Minerals (MKD)

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Monday 10 July, 2006

Marakand Minerals

Holding(s) in Company

Marakand Minerals Limited
10 July 2006


                 Marakand Minerals Limited - Holding in Company

Marakand Minerals Limited ('Marakand' or 'the Company') received notification on
10 July 2006 pursuant to the provisions of the Companies Act 1985 that Oxus Gold
Plc and its direct and indirect subsidiaries, being non-beneficial holders, has
increased its shareholding by a further 2,906,407 ordinary shares and now holds
86,659,984 ordinary shares representing 85.78 per cent of the ordinary issued
share capital of the Company.


For further information please contact:

Marakand Minerals Limited
Alasdair Stuart, CEO Tel: +44 77 3326 0174
Joanna Solino, Investor Relations Officer Tel: +44 20 7907 2000

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