Holding in Company

Metals Exploration PLC
10 February 2006

                     Metals Exploration Plc ('the Company')



                 Notification of change in significant holding



10 February 2006



Under sections 198 to 202 of the Companies Act 1985 and rule 17 of the AIM Rules
the following information falls to be disclosed.



As notified to the Company on 9 February 2006, Cantor Fitzgerald Europe are
interested in 2,806,500 ordinary shares of the Company. This interest represents
5.59% of the issued share capital of the Company.


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