Holding(s) in Company

Mercator Gold PLC
01 May 2007



                               Mercator Gold plc

                             Holding in the Company


London 1 May 2007 - Mercator Gold plc (the 'Company') was notified on 1 May 2007
that AXA S.A. and its Group Companies were interested in a total of 2,608,350
Ordinary Shares in the Company representing 4.31% of the current issued 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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