Holding(s) in Company

Condor Resources PLC
07 August 2006

7th August 2006



                              Condor Resources plc
                                ('the Company')


                          Shareholding in the Company


The Distribution in Specie ('Distribution'), as detailed in the Company's
Admission Document, of the Ordinary Shares held by Condor Resources Limited (a
company incorporated in Australia), representing 29.55% of the issued share
capital of the Company, has now occurred and Condor Resources Limited no longer
holds a notifiable interest in the Company.


The 38,361,753 Ordinary Shares previously held by Condor Resources Limited have
been distributed to 222 new Australian shareholders.  The largest shareholding
within this group is 4,700,000 Shares and the smallest shareholding within this
group is 698 Shares.


Following the Distribution the holdings of three significant shareholders in the
Company have changed as follows:


                                           No. Ordinary shares  No. Ordinary shares     % total issued
                                              pre-Distribution    post-Distribution      share capital

Condor Resources Limited                            38,361,753                    -                  -
Hans Rudolf Moser                                            -            4,700,000              3.62%
Bayonet Investments Pty Limited                      5,519,500            7,519,500              5.79%


Following the Distribution the Directors of the Company have the following shareholdings:


                                           No. Ordinary shares  No. Ordinary shares     % total issued
                                              pre-Distribution    post-Distribution      share capital

Mark Lucian Child                                    2,000,000            2,000,000              1.54%
Nigel Munro Ferguson1                                        -              800,000              0.62%
Stephen John Dobson2                                 5,619,500            6,219,500              4.79%
Klaus Peter Eckhof3                                          -              160,000              0.12%



1 Held by Ridgeback Holdings Pty Ltd, a company controlled by Nigel Ferguson

2 1,219,500 Ordinary Shares held by Fortview Capital Management Pty  Ltd, a
  company controlled by Stephen Dobson

3 Held by Iguana Resources Pty Ltd, a company controlled by Klaus Eckhof





                                    **End**



For further information:

Condor Resources plc
Nigel Ferguson, Chief Executive Officer                     [phone]


Nabarro Wells & Co Limited
Hugh Oram, Director                                       [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange