Director/PDMR Shareholding

SHANTA GOLD LIMITED

Director's Shareholding

Shanta ("Shanta Gold" or  the "Company") announces  that on 2  August
2007 the directors  of the  Company approved an  allotment of  shares
following the notification of  exercise of warrants  on 11 July  2007
made by Walter  Vorwerk over ordinary  shares of 0.01p  in the  share
capital of the Company (the "Warrants") as set out below:

No. of shares: 22,000

Price: 30p

Subscription Value: £6,600.

Accordingly, Walter Vorwerk's resulting holding in the Company is  as
follows:



Number                          % of issued class of security

following exercise

                                           referred to above

Warrants
    Nil                                          Nil
Ordinary Shares                                        44,000
                                   0.04

The total number of issued  ordinary shares in the Company  following
today's announcements,  including the  New  Ordinary Shares,  is  now
100,316,576 ordinary shares.

Application will be made for the ordinary shares created pursuant  to
the exercise  of  the Warrants  (the  "New Ordinary  Shares")  to  be
admitted to AIM and dealings in  the New Ordinary Shares is  expected
to commence on 10 August 2007.

For further information contact:

Walter Vorwerk, Shanta Gold Ltd Tel: [phone]

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