Director's Dealing

Shanta Gold Limited

                        ("Shanta Gold" or the "Company")

                               Director's Dealing

Shanta  Gold was advised today that David Scott, a Director of the Company, sold
200,000 ordinary  shares in the Company at 27.5p per share on 19 November 2010.
Mr  Scott, under  the terms  of a  salary substitute  agreement with the Company
(details  of which were announced on  30 June 2009), receives ordinary shares in
part payment of his earnings.

As  a result  of the  sale referred  to above,  David Scott now has a beneficial
interest in 339,383 ordinary shares of Shanta Gold, which represents an interest
of 0.19 per cent of the issued ordinary share capital of the Company.

For further information:

Shanta Gold Limited


http://www.shantagold.com

Walton Imrie
Mobile: [phone]

Walter Vorwerk
Moblie: [phone]

Fairfax I.S. PLC
Nominated Adviser and Broker
Ewan Leggat / Laura Littley
[phone]


[HUG#1464185]








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Source: Shanta Gold Limited via Thomson Reuters ONE