Oxus Gold plc ('Oxus' or 'the Company')

Directors Shareholdings and Additional Listing

London: 12 January 2010 - Oxus Gold Plc ("Oxus"or the "Company") (OXS.L) announces that 
application has today been made for 881,465 new ordinary shares of 1p each in the Company to be admitted to trading on the AIM market of the London Stock Exchange. Further to the announcement on 8 December 2008, the new shares were allotted to Directors and senior management of the Company on 11 January 2010 at a price of 10.104p per share in lieu of fees and salaries for the period 1 October 2009 to 31 December 2009. 

Included in this amount are shares allotted to Directors as follows

Note: Mr Djalalov also has a beneficial interest in 68,928,723 ordinary shares of the Company, representing approximately 17.81 per cent. of the Company's issued ordinary share capital, through his interest in Zeromax GmbH.

The shares were issued at the average mid-market price for the period 1 October 2009 to 31 December 2009.

The new ordinary shares will rank pari passu with the existing ordinary shares and dealings are expected to commence in the new ordinary shares on 18 January 2010.

Following the allotment of the above new ordinary shares, the Company's total voting share capital in issue will be 386,944,325 ordinary shares of 1p each. 

For further information, please contact: