Holding(s) in Company

Mercator Gold PLC
20 March 2007




                       Mercator Gold plc (the 'Company')

                             Holding in the Company


London 20 March 2007 - Under sections 198 to 202 of the Companies Act 1985 the 
following information falls to be disclosed:

The Company has been notified that AXA S.A. has an interest in 3,608,350 shares 
in the Company, representing 6.71 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


AIM: MCR






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