Directors' Shareholdings & Issue of Equity

Shanta Gold Limited ('Shanta Gold' or 'the Company') Directors' Shareholdings and Issue of Equity Shanta Gold announces that application has been made for 92,906 new ordinary shares of 0.01p each in the Company to be admitted to trading on the AIM market of the London Stock Exchange. Further to the announcement on 30 June 2009 (providing for certain Directors to accept shares in the Company in lieu of salary), the shares were issued and allotted to certain directors of the Company on 21 June 2010 in lieu of salaries for the month of May 2010 in relation to Mr Walton Imrie, Mr Walter Vorwerk and Mr David Scott. Shares have been allotted to directors as follows: +--------------+-------------+-----------+-----------------+-----------+ |Director |Shares Issued|Share Price|Resultant Holding|Resultant %| +--------------+-------------+-----------+-----------------+-----------+ |Walton Imrie |24,878 |20.75p |9,044,162 |7.83% | +--------------+-------------+-----------+-----------------+-----------+ |Walter Vorwerk|30,878 |20.75p |572,037 |0.5% | +--------------+-------------+-----------+-----------------+-----------+ |David Scott |37,150 |20.75p |475,133 |0.41% | +--------------+-------------+-----------+-----------------+-----------+ The shares were issued at the closing mid-market price on the last business day of the calendar month and converted at the exchange rate ruling at the close of business on that date. The new shares will rank pari passu with existing ordinary shares and dealings are expected to commence in the new ordinary shares on 28 June 2010. Following the allotment of the above new ordinary shares, the Company's issued share capital now consists of 115,492,854 ordinary shares of 0.01p each. For further information, please contact: Shanta Gold Limited Walter Vorwerk Tel: +27 (0) 83 308 0080 Fairfax I.S. PLC Ewan Leggat / Laura Littley Tel: +44 (0) 207 598 5368 [HUG#1426302] 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. All reproduction for further distribution is prohibited. Source: Shanta Gold Limited via Thomson Reuters ONE
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