Directorate change

Shanta Gold Ltd

                             Resignation

The Board of Directors of Shanta Gold Limited
announces that Mr Richard Shead,  the Chief Executive Officer of  the
company has
tendered his resignation with  effect from 10  March 2008. The  Board
has accepted
this resignation.

Further announcements regarding the executive
leadership of the company will be made in due course.


For further information:

Shanta Gold Limited 

http://www.shantagold.com


Walton Imrie
Mobile: [phone]


Walter Vorwerk
Mobile: [phone]

GMP Securities Europe LLP
James Hannon
[phone]

Panmure Gordon (UK) Limited
Edward Farmer
[phone]

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