Director Shareholding

Mercator Gold PLC 26 April 2005 FOR IMMEDIATE RELEASE 26 April 2005 MERCATOR GOLD PLC ('MERCATOR' or the 'Company') Purchase of Shares by a Director The Company has been informed by Michael de Villiers, a Director, that he has purchased a further 129,900 Ordinary Shares in the market. Following this transaction, the interests of Michael de Villiers in the Ordinary Share capital of the Company are as follows: Number of Ordinary Shares as a Number of Warrants Number of share issued Percentage of issued to subscribe for options to subscribe Ordinary Ordinary Share new Ordinary for new Ordinary Shares capital Shares Shares 600,000 0.69% 670,000 2,000,000 For further information, please contact: Patrick Harford, Managing Director, Mercator Gold Tel: 0207 929 1010 Roland Cornish, Chairman, Beaumont Cornish Tel: 0207 628 3396 This information is provided by RNS The company news service from the London Stock Exchange

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