Directorate change

Shanta Gold Limited [AIM: SHG]

                               22 September 2011
                        ('Shanta Gold' or the 'Company')

            Appointment of Chief Executive Officer and Board Changes

Shanta Gold Limited, the near-term gold producer with operations in Tanzania, is
pleased to announce a number of changes to its board of Directors (the 'Board').
This  development follows a significant Board  review of the Company's structure
and  executive  and  operational  management  requirements  associated  with the
imminent  completion of the New Luika gold mine and the potential development of
the  Singida  property,  now  under  consideration  following the results of the
feasibility study on this project, released on 23 August.

Gareth  Taylor, who has been  on the Company's Board  as chief operating officer
since  20 May 2010 will be appointed chief executive officer with effect from 1
October  2011. Gareth  has  been  instrumental  in  moving Shanta's prospects in
Tanzania up the value curve.

Walter  Vorwerk,  currently  the  chief  financial  officer  of  the Company has
indicated  that he  will be  retiring from  the board  to pursue  other business
opportunities.

Chairman  of the Board, Walton Imrie commented;  "On behalf of the Board I would
like  to  thank  Walter  for  his  undivided  service to the Company and for his
continued  commitment to ensuring Shanta Gold's success. Walter was instrumental
in  the Company's listing onto London's  Alternative Investment Market (AIM) and
in  its transformation over the  years from a gold  explorer to a near-term gold
producer. We wish him every success with his future endeavors."

He  also added;  "we are  delighted to  welcome Gareth  into his new role as the
Company's  chief  executive  officer.  Since  joining  Shanta  Gold,  Gareth has
demonstrated  that he has the commercial and technical experience and management
skills  which  will  be  crucial  in  developing  Shanta into a multi asset gold
production company".

The  Board  will  immediately  begin  a  process, in conjunction will Walter, to
identify  a replacement finance director that can help drive the Company forward
in  its next phase of development. Walter will remain with the Company until 31
December 2011 to aid in the handover of responsibilities.


Enquiries:

 Shanta Gold Limited   Tel:
 Walton Imrie          +27 (0) 82 444 2851
 Gareth Taylor         +255 (0) 757 732 484


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



 Financial Relations
 Tavistock Communications       Tel: [phone]
 Emily Fenton/Ed Portman









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Source: Shanta Gold Limited via Thomson Reuters ONE

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