Result of EGM

Shanta Gold Limited
('Shanta Gold' or the 'Company')

15 February 2012

Result of Extraordinary General Meeting

Shanta Gold is pleased to announce that all resolutions were duly passed by shareholders at the extraordinary general meeting ("EGM") of the Company, which was held earlier today.

Details regarding the voting results are as follows:

Resolution	Votes in Favour	Votes Against	Witheld
1. Ordinary Resolution To consider and, if thought fit, to increase the authorised share capital of the Company by £20,000, divided into 200,000,000 ordinary shares of 0.01p each.	148,369,044	11,721	Nil
2. Special Resolution To consider and, if thought fit, amend the memorandum of association of the Company in order to reflect the increase in authorised share capital of the Company in accordance with the above Ordinary Resolution.	148,369,044	11,721	Nil

Following the passing of the resolutions at the EGM, the Company's authorised share capital has been increased to £50,000 divided into 500,000,000 ordinary shares of 0.01p each.

Enquiries:

Shanta Gold Limited
Walton Imrie
Mobile: [phone]

Fairfax I.S. PLC
Nomad & Broker
Ewan Leggat/Laura Littley
[phone]

Financial Relations
Tavistock Communications
Emily Fenton/Ed Portman
Tel: [phone]

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Source: Shanta Gold Limited via Thomson Reuters ONE

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