AGM Statement

Ariana Resources PLC
22 August 2007



                                                                22nd August 2007
                                                                        AIM: AAU


                                 AGM Statement


Michael Spriggs, Chairman, Ariana Resources plc ('Ariana' or 'the Company'), the
gold exploration company focused exclusively on Turkey, made the following
comments at today's Annual General Meeting:

'Since the last AGM the Company has made significant progress. We have
accelerated the exploration programmes as planned, and have continued to
increase our licence holdings. We have also restructured the Board and completed
our first corporate transactions.

'The exploration was focused mainly on our flagship project, Sindirgi, where at
the Kiziltepe prospect, Ariana now have a JORC compliant resource. The resource
is 135,000 oz gold equivalent but we confidently expect this to increase as more
drilling is carried out, as the resource estimate is based on only 5% of the
known veins. SGS Lakefield have carried out metallurgical testwork, the results
of which we announced on Tuesday, 21st August 2007. The results were very
positive, with over 92% gold recovery, and confirmed that the ore is amenable to
conventional extraction methods and heap leaching.

'We are currently evaluating various strategies for the further development of
the deposit. We are undertaking the groundwork required for a scoping study and
making preparations for trial mining of the Arzu vein at Kiziltepe. Preparations
are also underway for further resource definition drilling at a number of other
veins on the prospect with the aim of increasing and refining the existing
resource. All indications are that Sindirgi has the potential to be a very
significant gold system.

'We have also continued to review our licence portfolio and have doubled the
area held to 1,820km2. This included the acquisition of the Ardala Prospect in
the Artvin area of north-eastern Turkey, which enhances the portfolio of
licences held in eastern Turkey and provides a focus for further exploration in
the region. The prospect has a well-developed porphyry Cu-Au system with
potential for extension, and other targets, including gold-bearing skarns, are
also present. We are seeking a joint venture partner for our exploration in this
region.

'The focus in the current year is to build on the progress made and to add value
for shareholders by increasing the existing JORC resource at Kiziltepe, by
identifying additional resources at other prospects, by building on our
excellent relationships with local and international companies and by developing
early cashflow opportunities.

'Ariana has made the successful transition in a short space of time from
greenfields explorer to resource developer. The year ahead promises further
positive developments.'

All resolutions proposed at today's Annual General Meeting were duly passed.




Contacts:

Ariana Resources plc
Michael Spriggs, Chairman
Kerim Sener, Managing Director                    Tel: [phone]

Beaumont Cornish Limited                          Tel: [phone]
Roland Cornish

Bankside Consultants
Michael Padley / Louise Davis                     Tel: [phone]


Editors' note:

About Ariana Resources

Ariana is a dynamic exploration company focused on the discovery and development
of epithermal gold-silver and porphyry copper-gold deposits with multi-million
ounce potential within the Tethyan metallogenic belt of Turkey. The Company has
a portfolio of prospective licences covering 1,820km2, selected on the basis of
its advanced in-house remote sensing database.

The Company's flagship asset is the 235km2 Sindirgi Gold Project, which targets
a series of prospects, within a prolific mineralised district in western Turkey.
The project hosts over 45km of gold-silver bearing epithermal quartz veins.

Ambrian Partners Limited and King & Shaxson Capital Limited are joint brokers to
the Company and Beaumont Cornish Limited is the Company's nominated adviser.

For further information on Ariana you are invited to visit the Company's website
at www.arianaresources.com.


Ends




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