Directors' Shareholdings

Shanta Gold Limited
                        ('Shanta Gold' or 'the Company')

                                  14 July 2011

Directors' Shareholdings

Further to the announcements on 31 January 2011 and 18 February 2011 (providing
for certain Directors to acquire existing ordinary shares in the Company in a
Board approved monthly purchase scheme), Shanta Gold announces that a total of
92,346 ordinary shares were purchased today by certain Directors of the Company.


Further details concerning the share purchases by certain Directors are set out
below:

Director       Number of shares                                  Resultant % of
               purchased        Share price   Resultant          issued share
                                paid          shareholding       capital of the
                                                                 Company


Walton Imrie   17,099           18.375        9,395,612          5.20

Walter Vorwerk 17,099                  18.375 948,092            0.52

Gareth Taylor  51,308                  18.375            706,200 0.39

Paul Heber     6,840                   18.375 64,768             0.04


For further information, please contact:

 Shanta Gold Limited   Tel: [phone]
 Walter Vorwerk


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









This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(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: Shanta Gold Limited via Thomson Reuters ONE

[HUG#1531116]