Oxus Gold plc ("Oxus" or "the Company") announces that an application has been made for 572,000 new ordinary shares of 1p each in the Company to be admitted to trading on the Alternative Investment Market of the London Stock Exchange. The shares have been allotted at the request of Norox Mining Company Limited, a wholly owned subsidiary of Oxus, in discharge of a debt arising from services rendered to Norox. The payment is being made in shares at the request of the creditor.

The shares will rank pari passu with existing ordinary shares and dealings are expected to commence in the new ordinary shares at 6 October 2005.

The number of issued shares in the Company has increased to 287,608,821 ordinary shares.

Oxus Gold plc is listed on the Alternative Investment Market (AIM) in London, Stock-exchange. Symbol OXS. 

Contacts:

Oxus Gold plc
Tel: + 44 (0)20 7907 2000
Richard Wilkins, Company Secretary
Joanna Solino, Investor Relations Officer

Bankside Consultants Ltd
Tel: + 44 (0)207 367 8873
Keith Irons, Chairman