Holding in Company

For immediate release
                                                            12-Nov-08

Chaarat Gold Holdings Ltd

("Chaarat" or "the Company")

Shareholding in Company

Chaarat Gold Holdings Ltd (AIM:CGH), a gold exploration company with
interests focused in the Kyrgyz Republic, was notified on 11 November
2008 that New Star Equity Income Unit Trust, on 6 November 2008,
disposed of 2,579,394 Common Shares, representing 3.59% of the issued
share capital of the Company.  New Star Equity Income Unit Trust no
longer holds an interest in the share capital of Chaarat.

Enquiries:


Chaarat Gold Holdings Ltd                            Tel:  +44 (0) 20
                                                     7499 2612
   Dekel Golan  - [e-mail]
   Terry Cross  - [e-mail]
   Harry Lopes - [e-mail]

Canaccord Adams Limited                              Tel:  +44 (0) 20
                                                     7050 6500
   Mike Jones  [e-mail]

Smith's Corporate Advisory                           Tel:  +44 (0) 20
                                                     7239 0140
   Dominic Palmer-Tomkinson -
[e-mail]

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