Holding(s) in Company

RNS Number:4232F
Archipelago Resources PLC
09 October 2007


Archipelago Resources plc (the "Company")

Holding in Company

The Company was informed on 9 October 2007 that Baker Steel Capital Managers
LLP holds a total of 16,641,000 ordinary shares in the Company, representing
9.8% of the total voting rights of the Company.

The shares are held under the following names:

Holder                                 Registration details                                       Holding

Genus Dynamic Gold Fund                "HSBC Global Custody Nominee (UK) Limited"               6,030,000
CF Ruffer Baker Steel Gold Fund        "The Bank of New York (Nominees) Limited"                5,328,000
RIT Capital Partners PLC               "The Bank of New York (Nominees) Limited"                1,793,000
Select Gold Fund                       "Vidacos Nominees Limited" (Citigroup)                   1,840,000
Genus Natural Resources Master Fund    "Goldman Sachs Securities (Nominees) Limited"            1,650,000
                                                                                               16,641,000


Contacts:

Colin Loosemore, Managing Director, Archipelago Resources Plc
Tel: + 618 9364 8301

Fiona Kindness, Director, Grant Thornton Corporate Finance (Nominated Adviser)
Tel: [phone]




                      This information is provided by RNS
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