RNS Number:3069A
Oxus Gold PLC
23 March 2006


                                                                           

news release

For immediate release: 23 March 2006


                                 OXUS GOLD PLC

                        CORRECTION - HOLDINGS IN COMPANY


LONDON: 23 March 2006 - The issuer wishes to advise that the announcement
released at 10.18 today is incorrect. The first paragraph, first sentence should
read:

1,343,097 ordinary shares


The correct version is as below:


Oxus Gold plc ("Oxus" or "the Company") (OXS.L) announces that it has acquired
an additional 1,343,097 ordinary shares of Marakand Minerals Limited
("Marakand"), (MKD.L) mainly from individual shareholders. Following the
acquisition, Oxus has increased its shareholding from 82,410,480 to 83,753,577 
ordinary shares representing an increase from 82.58 per cent to 81.91 per cent 
of the ordinary issued share capital of Marakand.


As consideration for the purchase of the shares, application has been made to
the London Stock Exchange for 447,695 new Oxus shares to be admitted to the AIM
Market. Dealings are expected to commence in the new ordinary shares at 29 March
2006. The new ordinary shares will rank pari passu with the existing shares of
the Company. Following the allotment the total issued share capital of the
Company will be 297,139,172 ordinary shares.


                                      Ends


For further information, please contact:

Oxus Gold plc
Richard Wilkins, Company Secretary
Tel: + 44 (0)20 7907 2000

Bankside
Keith Irons
Oliver Winters
Tel: + 44 (0)207 367 8873




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

END
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