Holding(s) in Company

Golden Prospect Precious Metals Ltd
20 March 2007



                              COMPANY ANNOUNCEMENT


For Immediate Release                                          20th March 2007



                    Golden Prospect Precious Metals Limited


                           Shareholder Notifications


The Company has been notified by AXA Investment Managers UK Limited that they
have a current interest in 1,066,000 Ordinary Shares in the Company representing
8.25% of the total voting rights of the Company.

Enquiries:

Northern Trust                  Andrew Maiden
                                Phone: [phone]






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