RNS Number:3874W
Marakand Minerals Limited
10 March 2004


            Marakand Minerals Limited ("Marakand" or the "Company")

                            Notification of Interest

Marakand Minerals received notification on 9 March 2004 from Oxus Gold plc
("Oxus Gold") of the following interest in its issued share capital.

Following the distribution of Oxus Gold's shareholding in Marakand to its own
shareholders, as announced on 6 February 2004, Oxus Gold's resultant holding in
the Company is 57,817,918 shares. This holding represents 57.2% of Marakand's
issued share capital.




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

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