Holding(s) in Company

Holding(s) in Company

ECR Minerals plc

ECR MINERALS plc

(“ECR Minerals”, “ECR” or the “Company”)

AIM: ECR

US OTC: MTGDY

Notification of Change in Shareholding

London: 16 May 2012 - ECR Minerals plc advises that it has today been notified by Mr C. Webb that following an acquisition of ordinary shares of the Company of 0.1 pence (“Ordinary Shares”), Mr Webb is the beneficial holder of a total of 43,775,979 Ordinary Shares, equating to approximately 6.01% of the Ordinary Shares in issue. The Company has a total of 727,409,600 Ordinary Shares in issue with each carrying the right to one vote.

For further information please contact:

ECR Minerals plc		Tel: [phone]
Patrick Harford, Managing Director
Stephen Clayson, Director & Chief Financial Officer
Email: [e-mail]
Website: www.ecrminerals.com
Daniel Stewart & Company plc		Tel: [phone]
Paul Shackleton/Tessa Smith/David Hart
Old Park Lane Capital plc		Tel: [phone]
Michael Parnes
Blythe Weigh Communications		Tel: [phone]
Matthew Neal/Tim Blythe/Paul Weigh