RNS Number:4858Y
Marakand Minerals Limited
10 May 2004


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

                            Director's shareholding

The Company was notified on 7 May 2004 that Alasdair Stuart, a director of the
Company, purchased ordinary shares and warrants in Marakand on that date as set
out below:

                  No. purchased       Price            resultant holding
Ordinary Shares            32,276        #0.46                         637,276
Warrants                   12,296        #0.40                         332,296

Enquiries:

Alasdair Stuart                          Richard Wilkins
Marakand Minerals Limited                Oxus Gold plc
Tel: +998 (71) 120 6715                  Tel: +44 (0)20 7907 2000




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

END
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