Further: Rule 2.10

RNS Number:3763G
Marakand Minerals Limited
25 October 2007



                           Marakand Minerals Limited
      Further re: Disclosure in accordance with Rule 2.10 of the City Code


In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, Marakand
Minerals Limited ("Marakand Minerals") confirms that as at close of business of
24 October 2007 it has 103,119,057 ordinary shares of 1 pence each in issue.

The ISIN reference for these securities is GB0033883835.

Dealing disclosure requirements

Under the provisions of Rule 8.3 of the Code, if any person is, or becomes,
"interested" (directly or indirectly) in 1% or more of any class of "relevant
securities" of Marakand Minerals or Oxus Gold plc ("Oxus") all "dealings" in any
"relevant securities" of that company (including by means of an option in
respect of, or a derivative referenced to, any such "relevant securities") must
be publicly disclosed by no later than 3.30 pm (London time) on the London
business day following the date of the relevant transaction. This requirement
will continue until the date on which any offer becomes, or is declared,
unconditional as to acceptances (or, if implemented by a scheme of arrangement,
such scheme becomes effective), lapses or is otherwise withdrawn or on which the
"offer period" otherwise ends. If two or more persons act together pursuant to
an agreement or understanding, whether formal or informal, to acquire an
"interest" in "relevant securities" of Marakand Minerals or Oxus, they will be
deemed to be a single person for the purpose of Rule 8.3.

Under the provisions of Rule 8.1 of the Code, all "dealings" in "relevant
securities" of Oxus by Marakand Minerals or of Marakand Minerals by Oxus, or by
any of their respective "associates", must be disclosed by no later than 12.00
noon (London time) on the London business day following the date of the relevant
transaction. A disclosure table, giving details of the companies in whose
"relevant securities" "dealings" should be disclosed, and the number of such
securities in issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk .

"Interests in securities" arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an "interest" by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Code, which can also be found on the
Takeover Panel's website. If you are in any doubt as to whether or not you are
required to disclose a "dealing" under Rule 8, you should consult the Takeover
Panel.



For further information, please contact:

Marakand Minerals Limited
Richard Wilkins - Company Secretary              Tel: [phone]

Canaccord Adams Limited
Mark Ashurst                                     Tel: [phone]

Arden Partners plc
Chris Fielding                                   Tel: [phone]




                      This information is provided by RNS
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