RNS Number:0699J
Marakand Minerals Limited
25 February 2005


For immediate release: 25 February 2005


            Marakand Minerals Limited ("Marakand" or the "Company")

                            Notification of Interest

Marakand has been notified pursuant to the provisions of the Companies Act 1985
in a letter dated 8th February 2005 that Asset Value Investors and its direct
and indirect subsidiaries, being non-beneficial holders, now holds 5,822,068
ordinary shares at 1p par value representing 5.76 per cent of the ordinary
issued share capital of the Company.

Marakand Minerals Ltd
Tel: + 44 (0)20 7907 2000
Alasdair Stuart






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

END
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