Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                             |
+----------------------------------------------+-------------------------------+
                                               |
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying   |                               |
|issuer                                        | Chaarat Gold Holdings Limited |
|of existing shares to which voting rights are |                               |
|attached:(ii)                                 |                               |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes):     |
+--------------------------------------------------------------------+---------+
|An acquisition or disposal of voting rights                         |         |
+--------------------------------------------------------------------+---------+
|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):|Disclosure of current holdings              |         |
|                       |                                            |    x    |
+-----------------------+--------------+-----------------------------+---------+
|3. Full name of person(s) subject to  |                                       |
|the                                   |           TT International            |
|notification obligation:(iii)         |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |                  N/A                  |
| (if different from 3.):(iv)          |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |             24 March 2011             |
|reached:(v)                           |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |             29 March 2011             |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|            Going above 5%             |
|reached:(vi, vii)                     |                                       |
+--------------------------------------+---------------------------------------+

+----------------------------------------------------------------------------------+
|8. Notified details:                                                              |
+----------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix)                                    |
+------------+----------------------+----------------------------------------------+
|Class/type  |Situation previous    |Resulting situation after the triggering      |
|of          |to the triggering     |transaction                                   |
|shares      |transaction           |                                              |
|            +----------+-----------+------------+-----------------+---------------+
|            |Number    |Number     |Number      |Number of voting |% of  voting   |
|if possible |of        |of         |of shares   |rights           |rights (x)     |
|using       |  ares    |V ting     +------------+------+----------+------+--------+
|the ISIN    |          |Rights     |Direct      |Direct|Indirect  |Direct|Indirect|
|CODE        |          |           |            |(xi)  |(xii)     |      |        |
+------------+----------+-----------+------------+------+----------+------+--------+
|Ord. Shares |          |           |            |      |          |      |        |
|            |          |           |            |      |          |      |        |
|VGG203461055|13,000,759|13,000,759 |N/A         |N/A   |13,000,759|N/A   |5.19%   |
+------------+          |           |            |      |          |      |        |
|            |          |           |            |      |          |      |        |
+------------+----------+-----------+------------+------+----------+------+--------+

+----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                               |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                              |
+--------------+----------+-----------------------+------------------+-------------+
|Type of       |Expiration|Exercise/              |Number of voting  |% of voting  |
|financial     |date(xiii)|Conversion Period(xiv) |rights that may be|rights       |
|instrument    |          |                       |acquired if the   |             |
|              |          |                       |instrument is     |             |
|              |          |                       |exercised/        |             |
|              |          |                       |converted.        |             |
+--------------+----------+-----------------------+------------------+-------------+
|              |          |                       |                  |             |
+--------------+----------+-----------------------+------------------+-------------+

+----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial     |
|Instruments (xv, xvi)                                                             |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                              |
+-------------+---------+----------+-------------+------------------+--------------+
|Type of      |Exercise |Expiration|Exercise/    |Number of voting  |% of voting   |
|financial    |price    |date      |Conversion   |rights instrument |rights (xix,  |
|instrument   |         |(xvii)    |period(xviii)|refers to         |xx)           |
|             |         |          |             |                  |              |
|             |         |          |             |                  |              |
+-------------+---------+----------+-------------+------------------+-------+------+
|             |         |          |             |                  |Nominal|Delta |
|             |         |          |             |                  +-------+------+
|             |         |          |             |                  |       |      |
+-------------+---------+----------+-------------+------------------+-------+------+

+----------------------------------------------------------------------------------+
|Total (A+B+C)                                                                     |
+------------------------------------+---------------------------------------------+
|Number of voting rights             |Percentage of voting rights                  |
+------------------------------------+---------------------------------------------+
|13,000,759                          |5.19%                                        |
+------------------------------------+---------------------------------------------+

+--------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or|
|the                                                                       |
|financial instruments are effectively held, if applicable:(xxi)           |
+--------------------------------------------------------------------------+
|N/A                                                                       |
|                                                                          |
|                                                                          |
+--------------------------------------------------------------------------+

+--------------------------------------------------------------------------+
|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:            |                                            |
|                             |Kai Chew                                    |
+-----------------------------+--------------------------------------------+
|15. Contact telephone number:|020 7509 1263                               |
+-----------------------------+--------------------------------------------+


 Further information about the Company:

  Chaarat Gold Holdings Limited           [phone]
                                          [e-mail]
 c/o Central Asia Services Limited        [e-mail]




 Westhouse Securities Limited             [phone]

 Tim Feather                               [e-mail]
 Richard Baty                              [e-mail]

 Smith's Corporate Advisory               [phone]
 Dominic Palmer-Tomkinson                 [e-mail]

                                          






This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Chaarat Gold Holdings Ltd via Thomson Reuters ONE

[HUG#1501440]