news release

For immediate release: 3 June 2008

OXUS GOLD PLC

Announcement of Oxus - AGF Scholarship Foundation

Oxus Gold plc is pleased to announce that is has created The Amantaytau Goldfields / Oxus Gold Scholarship Foundation with its joint venture mining partner, Amantaytau Goldfields (AGF), and the Westminster International University in Tashkent (WIUT).