Holding in Company

Ovoca Gold PLC
17 February 2006

Irish Stock Exchange

28 Anglesea Street

Dublin 2







Ovoca Gold Plc



Date: 17-Feb- 2006



RE: Holding in Company







To whom it concerns



In compliance with Section 91 of the Companies Act 1990, we hereby notify you
that, as at

16-FEB-2006, holdings on behalf of clients in our nominee name (Bank of Ireland
Nominees Limited), in the following listed companies on the Irish Stock
Exchange, have crossed the specified thresholds as laid out below.




Stock Name            Issued Share Capital Current Holding      Current % Holding    Threshold % Crossed
Ovoca Gold Ord
Eur0.025
                      122,087,242          13,759,406           11%                  10%





This shareholding represents the holdings of our entire client base.



For the avoidance of doubt, Bank of Ireland Nominees Ltd holds stock on behalf
of our entire client base, which includes our 3rd party clients and our Bank of
Ireland Group clients.



If you have any queries on this matter please do not hesitate to contact Sarah
MacDonald, on 6700300.





Yours sincerely,







Compliance Dept

Bank of Ireland Securities Services















This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.










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