LONDON: 1 December 2005 - Oxus Gold plc ("Oxus" or "the Company") (OXS.L) is pleased to announce that the directors of the Company have collectively appointed Mr Darryl Norton as an alternate director with immediate effect. Mr Norton will be entitled to attend all the Company's board meetings and to vote in respect of each of his appointers who is absent. He will continue to act as group project manager for the Company.

Darryl Norton, age 44, has over 23 years experience in the engineering and mining industry, of which 14 years were gained at MAED Limited as the Projects Director, including major projects for gold mining companies such as Durban Roodeport Deep and AngloGold. He was also responsible on behalf of MAED for the construction and commissioning of the Company's Amantaytau Goldfields Oxide Project in Uzbekistan. Prior to joining MAED, Darryl worked on capital projects for Fluor, TWP, Bateman and Gencor, including surface and underground mining projects.

Bill Trew, CEO of Oxus, commented: "Darryl has already played a very significant role in the successful development of our project portfolio, initially with MAED and now with Oxus. We are delighted to be able to offer him greater responsibility within the Group as an officer of the Company."

Darryl Norton is personally interested in 3,800,000 ordinary shares in the Company, representing 1.32% of the outstanding share capital.

Directorships:

Present:
Mechanical Analysis & Engineering Design (Pty) Ltd: Director since 1992

Past:
MAED Group Laboratories: Projects Director from 1996 to 2003 Birkenhead Brewery (Pty) Ltd: Director from 2001 to 2005 Bonnybrae Property Holdings (Pty) Ltd: Director from 2001 to 2005 Nortec Services UK Ltd: Director from 1985 to 1986

Contacts:

Oxus Gold plc 
Tel: + 44 (0)20 7907 2000
Richard Wilkins/Joanna Solino

Bankside Consultants Ltd.
Tel: + 44 (0)20 7367 8873
Keith Irons