Potential new fund raising

For immediate release 2 April 2009



                      Chaarat Gold Holdings Ltd

                    ("Chaarat" or "the Company")

                     Potential new fund raising

Road Town, Tortola, British Virgin Islands (2 April 2009).

Chaarat (AIM:CGH, "the Company")  announced that it is investigating
raising additional funds by way of an equity issue to finance,
amongst other things, the current year's resource, geotechnical and
hydrogeological works and the completion of its prefeasibility study.
The Company is currently in the process of working with SRK
Johannesburg on preparing the prefeasibility study, which is due in
the second half of 2009, on the Chaarat project in the Tien Shan gold
belt.


About the Chaarat Gold Project

The Chaarat project is situated within the Middle Tien Shan Mountains
of Kyrgyzstan which form part of the Tien Shan gold belt.  At the
completion of the 2008 exploration season a mineral resource of
3.34Moz at a grade of 4.30 g/t gold (JORC compliant in the Indicated
and Inferred categories) had been delineated. The Company's
exploration programme is aimed at increasing the confidence levels in
the resource through infill drilling and increasing the Resource to
four million ounces, through down-dip and along-strike extension
drilling whilst developing a pre-feasibility study to demonstrate the
economic viability of the deposit.


About Chaarat Gold Holdings or the Company

Chaarat Gold Holding is an exploration company founded for the
purpose of developing the Chaarat License Area. Chaarat was admitted
to AIM on 8 November 2007.


Disclaimer
This press release includes forward-looking statements. Such
forward-looking statements involve known and unknown risks,
uncertainties and other important factors beyond Chaarat's control
that would cause the actual results, performance or achievements of
Chaarat to be materially different from future results, performance
or achievements expressed or implied by such forward-looking
statements. Such forward-looking statements are based on numerous
assumptions regarding Chaarat's present and future business
strategies and the environment in which Chaarat will operate in the
future. Any forward-looking statements speak only as at the date of
this document. Chaarat expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any
forward-looking statements contained in this document to reflect any
change in Chaarat's expectations with regard to these or any change
in events, conditions or circumstances on which any such statements
are based. As a result of these factors, the events described in the
forward-looking statements in this press release may not occur either
partially or at all.

Enquiries:


Chaarat Gold Holdings Ltd
c/o Central Asia Services Ltd Tel: [phone]
Dekel Golan                   [e-mail]
Harry Lopes                   [e-mail]

Canaccord Adams Limited       Tel:  [phone]
Mike Jones

Smith's Corporate Advisory    Tel: [phone]
Dominic Palmer-Tomkinson      [e-mail]

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.