Holding(s) in Company

1 Dec 2008 10:00



TSX: OSU

AIM: OSU

PRESS RELEASE

1 December, 2008

Orsu Metals Corporation

Holding(s) in Company

______________________________________________________________________________________________

Orsu Metals Corporation ("Orsu", or the "Company") (TSX: OSU, AIM: OSU), the London-based precious and base metals mining, production, exploration and development company, announces that on 1 December 2008 it received a notification by Charlemagne Capital (IOM) Limited, that on behalf of managed funds, it is interested in 73,906,203 or 16.17% of the Ordinary Shares of no par value of the Company. Previously Charlemagne Capital Limited was interested in 81,284,439 Ordinary Shares or 17.79% of the total number of shares in issue.

ENDS

---------------------------------------------------------------------------------------------------------------------------------------------------------------------

For further information please contact:

Tania Tchedaeva, Company Secretary, Orsu Metals Corporation

Tel: +44 (0) 20 7518 3999

Gavin Dallas, Investor Relations, Orsu Metals Corporation

Tel: +44 (0) 20 7518 3999

Ryan Gaffney, Canaccord Adams Limited

Tel: +44 (0) 20 7050 6500

Keith Schaefer, Vanguard Shareholder Solutions

Tel: + 1 604 608 0824

ENDHOLKGMGZLMLGRZG