Holding(s) in Company

Holding(s) in Company

Mercator Gold Plc

For filings with the FSA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:								MERCATOR GOLD PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights										X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation:				CREDIT SUISSE GROUP AG
4. Full name of shareholder(s) (if different from 3.):(if different from 3.):				CREDIT SUISSE CREDIT SUISSE SECURITIES (EUROPE) LTD
5. Date of the transaction and date on which the threshold is crossed or reached:				23.11.09
6. Date on which issuer notified:				24.11.09
7. Threshold(s) that is/are crossed or reached:				Below 5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible usingif possible using the ISIN CODEthe ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

ORD GB00B0P4LQ95

6,904,455

6,904,455

N/A

N/A

Not Reportable

N/A

Not Reportable

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

Not Reportable

Not Reportable

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
1. Credit Suisse Group AG 2. Credit Suisse 2.1. Credit Suisse Securities (Europe) Ltd
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:		Simon Crawley/Carolyn Collins
15. Contact telephone number:		[phone]