Shareholding

Ariana Resources PLC 27 November 2006 27 November 2006 AIM: AAU HOLDING IN COMPANY Ariana Resources plc ('the Company'), the gold exploration company focused exclusively on Turkey, announces that it received notification on 24th November 2006 from Matthew Grainger, a former director of the Company, that following recent share disposals he now holds 1,153,267 shares in the Company, representing 2.46% of the total outstanding 46,957,362 1p Ordinary shares. As a result he no longer has a notifiable interest in the Company. Contacts: Ariana Resources plc Steven Poulton, Chief Executive Tel: 01235 511 767 s.j.poulton@arianaresources.com Mobile: 0797 408 6712 Bankside Consultants Michael Padley / Susan Scott Tel: 020 7367 8888 About Ariana Resources Ariana is a dynamic exploration company focused on the discovery of epithermal gold-silver and porphyry copper-gold deposits with multi-million ounce potential within the Tethyan metallogenic belt of Turkey. The Company has a portfolio of prospective licences covering 1,755km2, selected on the basis of its advanced in-house remote sensing database. The Company's flagship asset is the 235km2 Sindirgi gold project, which targets a series of prospects, within a prolific mineralised district in western Turkey. The project hosts over 45km of gold-silver bearing epithermal quartz veins. A two rig drilling programme is currently focussed on defining resources (in compliance with the JORC code) at the prospects of Kiziltepe and Kepez. Ambrian Partners Limited and King & Shaxson Capital 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 This information is provided by RNS The company news service from the London Stock Exchange
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