Substantial Shareholding

10 December 2007 AIM / PLUS Markets: AAU SUBSTANTIAL SHAREHOLDING Ariana Resources plc ("the Company"), the gold exploration company focused on Turkey, announces that it received notification on 6th December 2007 that Starvest plc now owns 9,256,000 Shares, representing a holding in the Company's issued share capital of 12.98%. Contacts: +-------------------------------------------------------+ | Ariana Resources plc | Tel: 020 7407 3616 | |----------------------------------+--------------------| | Michael Spriggs, Chairman | | |----------------------------------+--------------------| | Kerim Sener, Managing Director | | |----------------------------------+--------------------| | | | |----------------------------------+--------------------| | Beaumont Cornish Limited | Tel: 020 7628 3396 | |----------------------------------+--------------------| | Roland Cornish | | |----------------------------------+--------------------| | | | |----------------------------------+--------------------| | Bankside Consultants | Tel: 020 7367 8888 | |----------------------------------+--------------------| | Michael Padley / Louise Davis | | |----------------------------------+--------------------| | | | |----------------------------------+--------------------| | City Capital Corporation Limited | Tel: 020 7842 5867 | |----------------------------------+--------------------| | Charles Dampney | | |----------------------------------+--------------------| | | | |----------------------------------+--------------------| | King & Shaxson Capital Limited | Tel: 020 7426 5986 | |----------------------------------+--------------------| | Nick Bealer | | +-------------------------------------------------------+ 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. City Capital Corporation 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. ---END OF MESSAGE---
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