Holding(s) in Company

Shanta Gold Limited
05 September 2006

                                                                5 September 2006

                              SHANTA GOLD LIMITED



                      Change of Significant Shareholdings



Shanta Gold Limited ("the Company") confirms that on 31 August 2006 it was
notified of the following changes in its significant shareholders:



 1. On 5 August 2006, Coronation Capital Limited, sold 133,333 ordinary shares of
    0.01p in the share capital of the Company (each an "Ordinary Share") at a
    price of 50p per share by means of a private sale. Coronation Capital
    Limited now holds 4,866,667 Ordinary Shares (representing approximately
    5.34% of the issued Ordinary Share capital).



 2. On 18 August 2006 Minco Investment Limited sold 133,333 Ordinary Shares at a
    price of 50p per share and on 23 August 2006 2,433,333 Ordinary Shares at a
    price of 60p per share. Minco Investment Limited now holds 2,433,334
    Ordinary Shares (representing approximately 2.67% of the issued Ordinary
    Share capital).





For further information contact:



David Youngman, W.H. Ireland Ltd.          Tel:  [phone]




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