Holding(s) in Company

Mercator Gold PLC 17 November 2006 Mercator Gold plc (the 'Company') Holding in the Company London 17 November 2006 - Under sections 198 to 202 of the Companies Act 1985 the following information falls to be disclosed: The Company was notified on 17 November 2006 that Morgan Stanley Securities Limited (MSSL) was interested in a total of 4,321,143 Ordinary Shares in the Company representing 8.06% of the current issued capital of 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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