Shareholding Notification

(“Mercator Gold”, “Mercator” or “the Company”)




LONDON: 18 FEBRUARY 2005 - On 17 February 2005, City Equities Limited informed the Company that it had sold (acting as Principal) 3,125,000 Ordinary Shares of 1p each representing 3.59 per cent of the Company's issued share capital to certain of its private customers. These shares were purchased by City Equities Limited in the share placement announced on 14 February 2005. As a result of these sales City Equities Limited no longer has an interest in the issued Ordinary Share capital of the Company.


For further information please contact:

Mercator Gold plc    
Patrick Harford, Managing Director Tel: +44 (0) 20 7929 1010
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.    
Beaumont Cornish Limited    
Roland Cornish Tel: + 44 (0) 20 7628 3396
Phillip Securities UK Limited    
Nick Bealer Tel: +44 (0) 20 7553 8281
Parkgreen Communications    
Justine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713


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