Holding in Company

Ovoca Resources PLC 17 January 2005 NEWS RELEASE January 17, 2005 HOLDINGS IN COMPANY Ovoca Resources Plc (Ovg.i Dublin : Ovg.l London) announces that the Company has been informed on 14 January 2005 by Mr. Hugh Farrington that, following transactions on the 10 to 14 January 2005, he has reduced his holding in the Company, and now holds 2,456,817 ordinary shares in the Company, representing 4.61% of the issued capital of the Company. The Company has also been informed on 17 January 2005 by Mr. Tom O'Gorman that, following transactions on the 11 to 17 January 2005, he has reduced his holding in the Company, and now holds 2,767,000 ordinary shares in the Company, representing 5.20% of the issued capital of the Company. Enquiries Richard O'Shea CEO Ovoca Resources plc + 353 (87) 256 0397 John O'Connor CFO Ovoca Resources plc + 353 (1) 491 2944 This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange MFNNGKZM
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