LONDON, 25 February 2005 - Oxus Gold plc ('Oxus' or 'the Company') is pleased to confirm that it has satisfied the various conditions set out by the Government of the Kyrgyz Republic in order for the mining licence for the Jerooy gold project to be reinstated. The Company therefore expects to be in a position to sign a new licence agreement in the near future.
From the recent news items on AKIpress the Kyrgyz government claims that the licence has not been re-instated because Oxus have still not met the licence conditions. It should be quite obvious whether the conditions have been successfully met or not so what exactly do they think is still outstanding?