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Director Shareholding

6 May 2005 14:32

Uruguay Mineral Exploration Inc06 May 2005 06 May 2005 Uruguay Mineral Exploration Inc. ("the Company") Director Shareholding The Company received notification on 01 May 2005 that Roger David Morton,Non-executive Director, has sold 800 Common Shares through the facilities of theTSX Venture Exchange at a price of CDN$4.90 following the recent exercise ofstock options on 01 Mar 2005. Following this transaction, Dr. Morton's notifiable interest in the Companystands at 56,200 shares, representing 0.12% of the Company's issued andoutstanding share capital, and 75,000 stock options. ENDS Contact: PJ Lewis + 44 7950 003 138; pjlewis@tiscali.co.uk This information is provided by RNS The company news service from the London Stock Exchange

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