Holding(s) in Company

Golden Prospect Precious Metals Ltd
08 December 2006



                              COMPANY ANNOUNCEMENT


For Immediate Release                                          8th December 2006


                    Golden Prospect Precious Metals Limited

                       Declaration of Interest in Shares

The company has been notified by Artemis Investment Management Limited that
certain of its investment clients have a notifiable interest of 1,000,000
shares, representing 7.74% of the issued share capital of the company.


Enquiries:

Northern Trust                  Cormac O'Keeffe
                                Phone: [phone]


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