RNS Number:3794Z
Marakand Minerals Limited
06 March 2006



                 Marakand Minerals Limited - Holding in Company


Marakand Minerals Limited ("Marakand" or "the Company") received notification on
6 March 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 from 57,817,918 ordinary shares by 24,592,562
ordinary shares and now holds 82,410,480 ordinary shares, representing an
increase from 57.23 per cent to 81.58 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

Buck-Bias Limited
Alex Buck / Nick Bias                               Tel: +44 79 3274 0452



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

END
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