MURCHISON UNITED NL
                                                                                         ACN 009 087 852
                                                                          ASX CODE:  MUR,  AIM CODE: MUU
                                                          Telephone: +618 9322 4071, Fax: +618 9322 4073
                                                                                                         
                                                                                         ASX, AIM Release
                                                                                          23 October 2007

                                          Holdings in Company




Murchison  United NL ("Murchison") (ASX: MUR, AIM: MUU) announces pursuant to AIM regulations that  it  has
been  notified  on  23  October 2007 by Challenger Trading Corporation Ltd that they have  an  interest  in
11,900,000 ordinary shares in the Company, representing 3.13% of the issued share capital of Murchison.


For further information regarding this announcement, please call Mark Reilly.



..........
Mark Reilly
Managing Director


Murchison's Nominated Advisor for the AIM market is RFC Corporate Finance Ltd.
Contact: Stuart Laing, Ph: +618 9480 2506



                                                                
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