Holding(s) in Company

Mercator Gold PLC
24 April 2007



                       Mercator Gold plc (the 'Company')

                             Holding in the Company


London 24 April 2007 - Under sections 198 to 202 of the Companies Act 1985 the 
following information falls to be disclosed:

The Company has been notified that Commonwealth Bank of Australia and associated 
entities have an interest in 4,948,214 shares in the Company, representing 8.17 
per cent of the issued share capital of the Company.

For further information please contact:

Mercator Gold plc

Patrick Harford, Managing Director             Tel: [phone]

Email:   [e-mail]

Website: www.mercatorgold.com


Bankside Consultants Ltd                       Tel: [phone]

Simon Rothschild
Keith Irons
Oliver Winters


AIM: MCR



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