Statement re Director's Dealings

Chaarat Gold Holdings Limited
                          ("Chaarat" or "the Company")

                              Director's Dealings

Road Town, Tortola, British Virgin Islands (9 March 2011).

Chaarat (AIM: CGH) has been notified that on 8 March 2011 Alexander Novak
transferred 700,000 ordinary shares of US$0.01 each ("Share(s)") in the Company
to a third party.  The consideration for the sale was the market price of the
Shares at close of business on 7 March 2011, being 53.4 pence per Share.
 Following this transaction, Alexander Novak has a beneficial interest in
10,975,358 Shares representing approximately 4.38% of Chaarat's issued share
capital.

Note to Editors:

About Chaarat Gold

Chaarat  Gold is an exploration and  development company operating in the Kyrgyz
Republic.   The Company's main activity is  the development of the Kiziltash and
Tulkubash  projects situated within the Middle Tien Shan Mountains of Kyrgyzstan
which form part of the Tien Shan gold belt.  The Company has thus far delineated
a JORC compliant mineral resource of 4.406 Moz at a grade of 4.2 g/t gold across
both  deposits.  The  Company is  currently in  the process  of compiling a Pre-
Feasibility study on the Kiziltash project and a Definitive Feasibility Study on
the  Tulkubash  project.   Chaarat's  objective  is  to  become  a low cost gold
producer  targeting production of  over 200,000 ounces per  annum by early 2014
from  the Kiziltash  project with  first production  from the  smaller Tulkubash
project in mid 2012.

www.chaarat.com
Enquiries

 Chaarat Gold Holdings Limited

 c/o Central Asia Services Limited   [phone]

 Dekel Golan                         [e-mail]

 Linda Naylor                        [e-mail]



 Westhouse Securities Limited        [phone]

 Tim Feather                         [e-mail]

 Richard Baty                        [e-mail]



 Smith's Corporate Advisory          [phone]

 Dominic Palmer-Tomkinson            [e-mail]



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.







This announcement is distributed by Thomson Reuters on behalf of 
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(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Chaarat Gold Holdings Ltd via Thomson Reuters ONE

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