Trading Statement

Persian Gold PLC 02 April 2008 Persian Gold plc. 2nd April 2008 Persian Gold PLC ('Persian Gold' or the 'Company') Hires Two Key Managers in Iran Persian Gold (AIM:PNG), the Irish based Iranian gold and copper explorer, is pleased to announce the appointment of two key individuals to the Company's management team in Iran. Mr. Bahman Rashidi has accepted the position of Country Manager and Mr. Farzin Talebi Rad has accepted the position of Operations Manager. Both are based in Tehran. Mr. Rashidi holds a BSc in Geology from Beheshti University in Tehran and an MSc in Economic Geology from Trinity College and University in Malaga, Spain. Mr. Talebi Rad holds a BSc in Geology from Tabriz University in Iran. Both men have extensive mineral exploration experience in Iran. They will supervise the Persian Gold Dalli and Chah-e-Zard gold exploration projects but a primary focus will be the identification of gold copper projects in the 2,000km underexplored Tethyan Belt. In addition, Persian Gold announces that Chah-e-Zard assay results on the 22 hole diamond drill programme following positive trench sampling results have been received and are currently being evaluated, following which planning will begin on the next phase of exploration. John Teeling, Chairman, commented: 'I am delighted that Bahman and Farzin have joined Persian Gold. That two such experienced operators have joined us shows the inherent potential in our portfolio and the region. There is an abundance of gold/copper exploration opportunities in Iran. These men have the experience, knowledge and contacts to ensure a flow of high quality projects.' Contacts: Persian Gold Plc John Teeling +353 1 833 2833 College Hill Paddy Blewer +44 (0) 20 7457 2020 Nick Elwes +44 (0) 20 7457 2020 Blue Oar Securities Plc John Wakefield +44 (0) 117 933 0020 Simon Moynagh +44 (0) 117 933 0020 www.persiangoldplc.com This information is provided by RNS The company news service from the London Stock Exchange
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