Oxus Gold plc ("Oxus" or "the Company") received notification on 26 September 2005 pursuant to the provisions of the Companies Act 1985 that Fidelity Investments, and it's direct and indirect subsidiaries, being non-beneficial owners, have increased it's shareholding by a further 2,806,764 ordinary shares and now holds 28,701,734 ordinary shares of the company representing 10 per cent of the issued share capital. 

Contacts:

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

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