Licence Acquisitions and Transfers Update

19 August 2008 AIM / PLUS Markets: AAU LICENCE ACQUISTIONS AND TRANSFERS UPDATE Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and development company focused on Turkey, announces that it has acquired new exploration ground in the vicinity of its main projects and that licence transfers are complete on six core licences for the Tavsan project. Highlights: - Nine new licences acquired in western Turkey - Six licences transferred for the Tavsan project - Total ground-holding at approximately 1050 km2, excluding JV licences in eastern Turkey Dr. Kerim Sener, Managing Director, commented: "The acquisition of new ground helps us to build our exploration portfolio within the WAVE project area, in which we are expecting to delineate a resource of 1 million ounces of gold in the coming years. The completion of the first phase of licence transfers for the Tavsan project allows the Company to begin formal work on the project, with the aim of demonstrating its evident resource potential. "Following our recent dealings on the Tavsan project, our licence portfolio in western Turkey is now even more focused on the WAVE project area, which enables an ease of logistics and better use of our human and financial resources. The Company holds some of the best exploration properties in western Turkey and we look forward to developing our licence portfolio and target stream yet further." New acquisitions Nine new exploration licences have been acquired in western Turkey in regions surrounding our main project development areas. These licences build on the strategic ground holdings around our principal projects and offer the opportunity to define new exploration targets for drill-testing. Tavsan transfers Five operating and one exploration licence within the package of ten licences purchased from Odyssey Resources have been transferred to Galata Madencilik San. ve Tic. Ltd., Ariana's local subsidiary. The licences transferred include several priority licences, which contain the existing 43-101 resource established by Odyssey Resources. The remaining four licences are pending transfer. Contacts: Ariana Resources plc Tel: 020 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director Beaumont Cornish Limited Tel: 020 7628 3396 Roland Cornish Lothbury Financial Tel: 020 7011 9411 Michael Padley / Louise Davis Loeb Aron & Company Ltd Tel: 020 7628 1128 Peter Freeman / Frank Lucas Alexander David Securities Limited Tel: 020 7448 9800 Nick Bealer / David Scott Editors' note: About Ariana Resources Ariana is an exploration and development company focused on epithermal gold-silver and porphyry copper-gold deposits in Turkey. The Company is exploring a portfolio of prospective licences selected on the basis of its in-house geological and remote-sensing database. The Company's flagship assets are its Sindirgi and Tavsan gold projects. Both projects contain a series of prospects, within two prolific mineralised districts in the Western Anatolian Volcanic and Extensional (WAVE) Province in western Turkey. This Province hosts the largest operating gold mines in Turkey and remains highly prospective for new porphyry and epithermal deposits. These core projects, which are separated by a distance of 75km, are presently being assessed as to their economic merits. Loeb Aron & Company Ltd. and Alexander David Securities Limited are joint brokers to the Company and Beaumont Cornish Limited is the Company's Nominated Adviser. For further information on Ariana you are invited to visit the Company's website at www.arianaresources.com. Ends ---END OF MESSAGE---
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