Holding(s) in Company

Metals Exploration PLC
23 March 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES



1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):  Metals Exploration Plc

.................



2. Reason for the notification (please place an X inside the appropriate bracket
/s):



An acquisition or disposal of voting rights: ( )



An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (    )



An event changing the breakdown of voting rights: (  )



Other (please specify) :  Revised due to DTR rules - see section 13 ( X )

.................



3. Full name of person(s) subject to the notification obligation (iii):
Fidelity International Limited (FIL)

.................



4. Full name of shareholder(s) (if different from 3.) (iv): Brown Bros Harrimn
Ltd LUX

.................



5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v): revised due to DTR rules

.................



6. Date on which issuer notified: 16th March 2007

.................



7. Threshold(s) that is/are crossed or reached: n/a

.................



8. Notified details:

.................



A: Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)


ISIN GB00B0394F60                 627720                             627720





Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                             Direct                   Direct (x)   Indirect (xi)        Direct      Indirect


                                                                    627720                           0.81%



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.


Total (A+B)
Number of voting rights        % of voting rights


627720                         0.81%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):  Fidelity
International Limited (FIL) is the parent holding company for various direct and
indirect subsidiaries including Fidelity Fund Management Ltd (FFML), Fidelity
Investment Services Ltd (FISL), Fidelity Gestion (FIGEST), Fidelity Investment
advisory (Korea) Limited (FIAKL), Fidelity investment management (Hong Kong)
Limited (FIMHK), Fidelity Pension management (FPM), fidelity investments Japan
(FIJ) and Fidelity Investments International (FII)



Proxy Voting:



10. Name of the proxy holder: Fidelity International Limited (FIL)

.................



11. Number of voting rights proxy holder will cease to hold: N/A

.................



12. Date on which proxy holder will cease to hold voting rights: N/A

.................



13. Additional information:  As discussed with the FSA, prior to the
implementation of the EU transparency directive, we aggregated the interests in
shares of FMR Corp (FMR) and Fidelity International Limited (FIL) together for
the purposes of shareholder reporting.  According to the new DTR rules we are
now reporting the indirect holdings of FMR and FIL separately.  A separation
notification is being submitted for FIL.  Please note these holdings are correct
as at 14 March 2007



14. Contact name:

     Steven Smith





15. Contact telephone number:



07797 721 858.................






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