Notice of AGM: Board Changes

6 Nov 2008 07:00



Embargoed for 7a.m. 06/11/08

OXUS GOLD PLC

Notice of Annual General Meeting; Board Changes

Oxus Gold plc ("Oxus" or the "Company") announces that it will hold its Annual General Meeting ("AGM") on 5 December 2008. The notice to shareholders was sent out on 5 November 2008.

At the AGM, Douglas Sutherland, non-executive chairman, and Gordon Wylie, non-executive director, will both retire by rotation and not offer themselves for re-election. Richard Shead, non-executive director, will assume the role of non-executive chairman with effect from the end of the meeting. Graham Hill will also stand down as alternate director, but will remain a director of Amantaytau Goldfields.

Richard Wilkins, CEO, commented: "Firstly I would like to thank Douglas and Gordon for their invaluable contributions to the Company over recent years. I look forward to working with them until the AGM in December and I wish them both well for the future. I am also delighted that Richard Shead has accepted the role of non-executive chairman with effect from 5 December and believe that the resultant smaller board is more appropriate for the Company at this time."

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