Holding(s) in Company

Mercator Gold PLC 15 November 2006 Mercator Gold plc (the 'Company') Holdings in the Company London - Wednesday 15 November 2006 - Under sections 198 to 202 of the Companies Act 1985 the following information falls to be disclosed: The Company was notified on 13 November 2006 that SVM UK Active Fund plc was interested in a total of 1,807,143 Ordinary Shares in the Company representing 3.37% of the current issued capital of the Company. The Company was notified on 13 November 2006 that Morgan Stanley Securities Limited was interested in a total of 3,882,143 Ordinary Shares in the Company representing 7.24% of the current issued capital of the Company. The Company was notified on 14 November 2006 that Resources Investment Trust plc has disposed of 1,714,186 Ordinary Shares in the Company and therefore no longer has a notifiable interest in the Company. For further information please contact: Mercator Gold plc Patrick Harford, Managing Director Tel: +44 (0) 20 7929 1010 Email: info@mercatorgold.com Website: www.mercatorgold.com Parkgreen Communications Justine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713 This information is provided by RNS The company news service from the London Stock Exchange

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