Update on SEDA, Issue of Equity and TVR

9 February 2011
AIM / PLUS Markets: AAU

                UPDATE ON STANDBY EQUITY DISTRIBUTION AGREEMENT

                                ISSUE OF EQUITY

                              TOTAL VOTING RIGHTS


Further  to the announcement of  21 January 2011, Ariana Resources plc ("Ariana"
or  "the  Company"),  the  gold  exploration  and development company focused on
Turkey,  is  pleased  to  announce  that  under  the  £5  million Standby Equity
Distribution  Agreement ("SEDA")  with YA  Global Master  SPV Ltd, an investment
fund  managed  by  Yorkville  Advisors  LLC  ("Yorkville") the Company has today
issued  3,988,985 new ordinary shares at £0.0376 as settlement of the agreed fee
of £150,000 to secure the SEDA.

Application  has been  made to  the London  Stock Exchange  for the new ordinary
shares,  which will  rank pari  passu will  all existing  ordinary shares  to be
admitted  to trading on AIM.   Admission is expected to  take place on or around
14 February 2011.

For  the  purposes  of  the  Disclosure  and Transparency Rules of the Financial
Services Authority, the Company announces the following:

As at the date of this announcement, the Company's issued share capital consists
of  225,978,517 Ordinary Shares  with a  nominal value  of 1p each,  with voting
rights  ("Ordinary Shares").  The  Company does not  hold any Ordinary Shares in
Treasury.   Therefore the  total number  of Ordinary  Shares in the Company with
voting rights is 225,978,517.

The  above figure of 225,978,517 Ordinary Shares  may be used by shareholders in
the Company as the denominator for the calculations by which they will determine
if  they are required to notify their interest in, or a change to their interest
in,  the share  capital of  the Company  under the Financial Service Authority's
Disclosure and Transparency Rules.





Contacts:

 Ariana Resources plc                     Tel: [phone]

 Michael Spriggs, Chairman

 Kerim Sener, Managing Director



 Beaumont Cornish Limited                 Tel: [phone]

 Roland Cornish



 Alexander David Securities Limited       Tel: [phone]

 Nick Bealer / David Scott



 Loeb Aron & Company Ltd                  Tel: [phone]

 Jonathan Willis-Richards / Frank Lucas



 St Brides Media & Finance Ltd            Tel: [phone]

 Hugo de Salis

 Susie Geliher



Editors' note:

About Yorkville Advisors and Yorkville Advisors UK

Yorkville  Advisors  UK,  LLP  is  a  sub-advisor  to  the  US-based alternative
investment manager Yorkville Advisors, LLC.

Founded  in  January  2001 by  Mark  Angelo,  Yorkville specializes in providing
flexible,  innovative  debt  and  equity  investments  and financing in publicly
listed  companies in a  variety of sectors  including energy, mining, technology
media & telecommunication (TMT), healthcare and shipping.

Yorkville  tailors its financings according to  each company's need and offers a
mix of debt structures, bridge financings, asset backed loans, equity facilities
and, in some cases, equity injections.

Yorkville  has offices  in Jersey  City, New  Jersey; Jupiter,  Florida; Denver,
Colorado;  London and Hong Kong  as well as a  joint venture agreement in Milan,
Italy.

www.yorkvilleadvisors.com


About Ariana Resources

Ariana  is an  exploration and  development company  focused on epithermal gold-
silver  and porphyry copper-gold deposits in Turkey.  The Company is exploring a
portfolio  of  prospective  licences  selected  on  the  basis  of  its in-house
geological  and remote-sensing database, on  its own in western  Turkey and in a
Joint   Venture  with  European  Goldfields  Limited  in  north-eastern  Turkey.
 European  Goldfields owns  51% of this  joint venture  and, as the operator, is
fully  funding all  exploration work  on the  JV properties  until delivery of a
feasibility study.

The  Company's  flagship  asset  is  the  Red Rabbit project, which contains the
Kiziltepe  and  Tavsan  sectors.   The  project  contains a series of prospects,
within  two prolific mineralised districts in the Western Anatolian Volcanic and
Extensional  (WAVE) Province in western Turkey.  This Province hosts the largest
operating  gold mines in Turkey and  remains highly prospective for new porphyry
and  epithermal deposits.  The Kiziltepe and Tavsan sectors, which are separated
by  a distance of 75km, are presently being assessed as to their economic merits
and  now form part of  a Joint Venture with  Proccea Construction Co.  The total
resource inventory of the Company stands at 448,000 ounces of gold equivalent.

Ariana   also   has   a   strategic   investment  in  Tigris  Resources  Limited
(www.tigrisresources.com),  a private Jersey-based exploration company, which is
focused  on the exploration of copper  and gold deposits in southeastern Turkey.
 Ariana retains 15% of Tigris Resources Limited.

Loeb  Aron  &  Company  Ltd.  and  Alexander  David Securities 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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Source: Ariana Resources plc via Thomson Reuters ONE

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