+------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------+
+-------------------------------------------------------------------+
| 1. Identity of the issuer or the | Shanta Gold Limited |
| underlying issuer of existing shares to | |
| which voting rights are attached: | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 2 Reason for the notification (please tick the appropriate box or |
| boxes): |
|-------------------------------------------------------------------|
| | |
| An acquisition or disposal of voting rights | X |
|---------------------------------------------------------------+---|
| | |
| An acquisition or disposal of qualifying financial | |
| instruments which may result in the acquisition of shares | |
| already issued to which voting rights are attached | |
|---------------------------------------------------------------+---|
| | |
| An acquisition or disposal of instruments with similar | |
| economic effect to qualifying financial instruments | |
|---------------------------------------------------------------+---|
| | |
| An event changing the breakdown of voting rights | |
|---------------------------------------------------------------+---|
| | | |
| Other (please specify): | | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 3. Full name of person(s) subject to the | BlackRock Gold Metal |
| notification obligation: | Open Fund |
| | |
|-------------------------------------------+-----------------------|
| 4. Full name of shareholder(s) (if | |
| different from 3.): | |
| | |
|-------------------------------------------+-----------------------|
| 5. Date of the transaction and date on | 24 July 2009 |
| which the threshold is crossed or | |
| reached: | |
| | |
|-------------------------------------------+-----------------------|
| 6. Date on which issuer notified: | 27 July 2009 |
| | |
|-------------------------------------------+-----------------------|
| 7. Threshold(s) that is/are crossed or | Holding below 3% |
| reached: | |
| | |
+-------------------------------------------------------------------+
+-----------------------------------------------------------------------------------------+
|8. Notified details: |
|-----------------------------------------------------------------------------------------|
|A: Voting rights attached to shares |
| |
|-----------------------------------------------------------------------------------------|
|Class/type of |Situation previous |Resulting situation after the triggering |
|shares |to the triggering |transaction |
|if possible |transaction | |
|using |------------------------+------------------------------------------------|
|the ISIN CODE |Number |Number |Number |Number of voting |% of voting rights|
| |of |of |of |rights | |
| |Shares |Voting |shares | | |
| | |Rights |--------+-------------------+-------------------|
| | | |Direct |Direct |Indirect |Direct |Indirect |
|---------------+------------+-----------+--------+--------+----------+--------+----------|
| GB00B0CGR828 | | | | | | | |
|---------------| 6,000,000 |6,000,000 |0 | 0 | N/A |0.00% | N/A |
| | | | | | | | |
+-----------------------------------------------------------------------------------------+
+-------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
|-------------------------------------------------------------------|
| Resulting situation after the triggering transaction |
| |
|-------------------------------------------------------------------|
| Type of | Expiration | Exercise/ | Number of voting | % of |
| financial | date | Conversion | rights that may | voting |
| instrument | | Period | be | rights |
| | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
| | | | | |
|------------+------------+------------+-------------------+--------|
| | | | | |
+-------------------------------------------------------------------+
+--------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments |
|--------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction |
| |
|--------------------------------------------------------------------------------|
|Type of |Exercise |Expiration |Exercise/ |Number of |% of voting |
|financial |price |date |Conversion |voting |rights |
|instrument | | |period |rights | |
| | | | |instrument | |
| | | | |refers to | |
|--------------+----------+------------+------------+------------+---------------|
| | | | | |Nominal |Delta |
| | | | | | | |
| | | | | |--------+------|
| | | | | | | |
+--------------------------------------------------------------------------------+
+-------------------------------------------------------+
| Total (A+B+C) |
| |
|-------------------------------------------------------|
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
| 0 | 0.00% |
+-------------------------------------------------------+
+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting |
| rights and/or the |
| financial instruments are effectively held, if applicable: |
|-------------------------------------------------------------------|
| |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| Proxy Voting: |
| |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder: | |
| | |
|---------------------------------------------------------------+---|
| 11. Number of voting rights proxy holder will cease to hold: | |
| | |
|---------------------------------------------------------------+---|
| 12. Date on which proxy holder will cease to hold voting | |
| rights: | |
| | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 13. Additional information: | |
| | |
|-----------------------------+-------------------------------------|
| 14. Contact name: | BlackRock Compliance Disclosures |
| | Team - Stuart Watchom |
| | |
|-----------------------------+-------------------------------------|
| 15. Contact telephone | 020 7743 5741 |
| number: | |
| | |
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---END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.