Holding(s) in Company

+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                             |
+---------------------------------------------+--------------------------------+
                                              |
+---------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying  |                                |
|issuer                                       |Chaarat Gold Holdings Limited   |
|of existing shares to which voting rights are|                                |
|attached:(ii)                                |                                |
+---------------------------------------------+--------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes):     |
+------------------------------------------------------------------+-----------+
|An acquisition or disposal of voting rights                       |     X     |
+------------------------------------------------------------------+-----------+
|An acquisition or disposal of qualifying financial instruments    |           |
|which may result in the acquisition of shares already issued to   |           |
|which voting rights are attached                                  |           |
+------------------------------------------------------------------+-----------+
|An acquisition or disposal of instruments with similar economic   |           |
|effect to qualifying financial instruments                        |           |
+------------------------------------------------------------------+-----------+
|An event changing the breakdown of voting rights                  |           |
+------------------------------------------------------------------+-----------+
|Other (please specify):                                           |           |
+-------------------------------------+----------------------------+-----------+
|3. Full name of person(s) subject to |                                        |
|the                                  |            TT International            |
|notification obligation:(iii)        |                                        |
+-------------------------------------+----------------------------------------+
|4. Full name of shareholder(s)       |                  N/A                   |
| (if different from 3.):(iv)         |                                        |
+-------------------------------------+----------------------------------------+
|5. Date of the transaction and date  |                                        |
|on                                   |              10 May 2011               |
|which the threshold is crossed or    |                                        |
|reached: v                           |                                        |
+-------------------------------------+----------------------------------------+
|6. Date on which issuer notified:    |             3 August 2011              |
+-------------------------------------+----------------------------------------+
|7. Threshold(s) that is/are crossed  |                                        |
|or                                   |             Going below 5%             |
|reached:(vi, vii)                    |                                        |
+-------------------------------------+----------------------------------------+

+----------------------------------------------------------------------------------+
|8. Notified details:                                                              |
+----------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix)                                    |
+------------+----------------------+----------------------------------------------+
|Class/type  |Situation previous    |Resulting situation after the triggering      |
|of          |to the triggering     |transaction                                   |
|shares      |transaction           |                                              |
|            +----------+-----------+------------+-----------------+---------------+
|if possible |Number    |Number     |Number      |Number of voting |% of  voting   |
|using       |of        |of         |of shares   |rights           |rights (x)     |
|the ISIN    |  ares    |V ting     +------------+------+----------+------+--------+
|CODE        |          |Rights     |Direct      |Direct|Indirect  |Direct|Indirect|
|            |          |           |            |(xi)  |(xii)     |      |        |
+------------+----------+-----------+------------+------+----------+------+--------+
|Ord. Shares |          |           |            |      |          |      |        |
|VGG203461055|13,000,759|13,000,759 |N/A         |N/A   |11,878,927|N/A   |4.74%   |
+------------+          |           |            |      |          |      |        |
|            |          |           |            |      |          |      |        |
+------------+----------+-----------+------------+------+----------+------+--------+

+----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                               |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                              |
+--------------+----------+-----------------------+------------------+-------------+
|Type of       |Expiration|Exercise/              |Number of voting  |% of voting  |
|financial     |date(xiii)|Conversion Period(xiv) |rights that may be|rights       |
|instrument    |          |                       |acquired if the   |             |
|              |          |                       |instrument is     |             |
|              |          |                       |exercised/        |             |
|              |          |                       |converted.        |             |
+--------------+----------+-----------------------+------------------+-------------+
|              |          |                       |                  |             |
+--------------+----------+-----------------------+------------------+-------------+

+----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial     |
|Instruments (xv, xvi)                                                             |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                              |
+-------------+---------+----------+-------------+------------------+--------------+
|Type of      |Exercise |Expiration|Exercise/    |Number of voting  |% of voting   |
|financial    |price    |date      |Conversion   |rights instrument |rights (xix,  |
|instrument   |         |(xvii)    |period(xviii)|refers to         |xx)           |
|             |         |          |             |                  |              |
+-------------+---------+----------+-------------+------------------+-------+------+
|             |         |          |             |                  |Nominal|Delta |
|             |         |          |             |                  +-------+------+
|             |         |          |             |                  |       |      |
+-------------+---------+----------+-------------+------------------+-------+------+

+----------------------------------------------------------------------------------+
|Total (A+B+C)                                                                     |
+------------------------------------+---------------------------------------------+
|Number of voting rights             |Percentage of voting rights                  |
+------------------------------------+---------------------------------------------+
|11,878,927                          |4.74%                                        |
+------------------------------------+---------------------------------------------+

+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:(xxi)               |
+------------------------------------------------------------------------------+
|                                                                              |
|N/A                                                                           |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|Proxy Voting:                                                                 |
+-----------------------------------------------+------------------------------+
|10. Name of the proxy holder:                  |                              |
+-----------------------------------------------+------------------------------+
|11. Number of voting rights proxy holder will  |                              |
|cease                                          |                              |
|to hold:                                       |                              |
+-----------------------------------------------+------------------------------+
|12. Date on which proxy holder will cease to   |                              |
|hold                                           |                              |
|voting rights:                                 |                              |
+-----------------------------------------------+------------------------------+

+-----------------------------+------------------------------------------------+
|                             |On 10 May 2011, an underlying investor with     |
|13. Additional information:  |voting rights sold 1,121,832 shares to an       |
|                             |underlying investor with-out voting rights hence|
|                             |there was no change to TT International's       |
|                             |overall number of shares but there was a change |
|                             |to the number of voting rights.                 |
+-----------------------------+------------------------------------------------+
|14. Contact name:            |Sebastian Colquhoun                             |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|+ 44 20 7509 1264                               |
+-----------------------------+------------------------------------------------+

Further information about the Company:

 Chaarat Gold Holdings Limited       [phone]
 c/o Central Asia Services Limited   [e-mail]
                                     [e-mail]

 Westhouse Securities Limited        [phone]
 Tim Feather                         [e-mail]
 Richard Baty                        [e-mail]

 Bankside Consultants                [phone]
 Simon Rothschild                    [e-mail]
                                     






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Source: Chaarat Gold Holdings Ltd via Thomson Reuters ONE

[HUG#1535914]