Holding(s) in Company

Form TR-1 with annex. FSA Version 2.1 updated April 2007


+--------------------------------------------+
| For filings with the FSA include the annex |
| For filings with issuer exclude the annex  |
+--------------------------------------------+



+--------------------------------------------------+
| TR-1: Notifications of Major Interests in Shares |
+--------------------------------------------------+



+-------------------------------------------------------------------+
|                                                  | Shanta Gold    |
| 1. Identity of the issuer or the underlying      |                |
| issuer of existing shares to which voting rights |                |
| are attached:                                    |                |
|-------------------------------------------------------------------|
|                                                                   |
| 2. Reason for notification (yes/no)                               |
|-------------------------------------------------------------------|
|                                                          | X      |
| An acquisition or disposal of voting rights              |        |
|----------------------------------------------------------+--------|
|                                                          |        |
| An acquisition or disposal of financial instruments      |        |
| which may result in the acquisition of shares already    |        |
| issued to which voting rights are attached               |        |
|----------------------------------------------------------+--------|
|                                                          |        |
| An event changing the breakdown of voting rights         |        |
|----------------------------------------------------------+--------|
|                                                          |        |
| Other (please specify):______________                    |        |
|-------------------------------------------------------------------|
|                                           | Rensburg Sheppards    |
| 3. Full name of person(s) subject to      | Investment Management |
| notification obligation:                  | Limited               |
|-------------------------------------------+-----------------------|
|                                           |                       |
| 4. Full name of shareholder(s) (if        |                       |
| different from 3):                        |                       |
|-------------------------------------------+-----------------------|
|                                           | 21st September 2007   |
| 5. Date of transaction (and date on which |                       |
| the threshold is crossed or reached if    |                       |
| different):                               |                       |
|-------------------------------------------+-----------------------|
|                                           | 24th September 2007   |
| 6. Date on which issuer notified:         |                       |
|-------------------------------------------+-----------------------|
|                                           | Less than 3 %         |
| 7. Threshold(s) that is/are crossed or    |                       |
| reached:                                  |                       |
+-------------------------------------------------------------------+






















+-------------------------------------------------------------------------------+
|8: Notified Details                                             Nominee        |
|Holdings                                                                       |
|-------------------------------------------------------------------------------|
|A: Voting rights attached to shares                                            |
|                                                                               |
|-------------------------------------------------------------------------------|
|Class/type of     |Situation previous |Resulting situation after the triggering|
|shares            |to the triggering  |transaction                             |
|If possible use   |transaction        |                                        |
|ISIN code         |-------------------+----------------------------------------|
|                  |Number of|Number of|Number |Number of voting|Percentage of  |
|                  |shares   |voting   |of     |rights          |voting rights  |
|                  |         |rights   |shares |----------------+---------------|
|                  |         |         |       |       |        |      |        |
|                  |         |         |       |Direct |Indirect|Direct|Indirect|
|-------------------------------------------------------------------------------|
|Ordinary shares            4,662,633                                           |
|     4,662,633                                                                 |
|2,186,000                                  2.18%                               |
|GB00B0CGR828                                                                   |
|-------------------------------------------------------------------------------|
|                                                                               |
+-------------------------------------------------------------------------------+



+---------------------------------------------------------------------------+
|B: Financial Instruments                                                   |
|                                                                           |
|---------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                       |
|                                                                           |
|---------------------------------------------------------------------------|
|Type of   |Expiration|Exercise/  |No. of voting rights that may |Percentage|
|financial |date      |conversion |be acquired (if the instrument|of voting |
|instrument|          |period/date|exercised/converted)          |rights    |
|----------+----------+-----------+------------------------------+----------|
|          |          |           |                              |          |
|          |          |           |                              |          |
+---------------------------------------------------------------------------+




+-------------------------------------------------------+
| Total (A+B)                                           |
|                                                       |
|-------------------------------------------------------|
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
| 2,186,000               | 2.18%                       |
+-------------------------------------------------------+




















+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and /or the financial instruments are effectively held, if |
| applicable:                                                       |
|-------------------------------------------------------------------|
| Client holdings registered in the name of Nominee companies 100%  |
| owned by Rensburg Sheppards Investment Management Limited         |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| Proxy Voting:                                                     |
|                                                                   |
|-------------------------------------------------------------------|
| 10. Name of proxy holder:                                     |   |
|                                                               |   |
|---------------------------------------------------------------+---|
| 11. Number of voting rights proxy holder will cease to hold:  |   |
|                                                               |   |
|---------------------------------------------------------------+---|
| 12. Date on which proxy holder will cease to hold voting      |   |
| rights:                                                       |   |
|                                                               |   |
+-------------------------------------------------------------------+



+---------------------------------+
| 13. Additional information: |   |
|                             |   |
|-----------------------------+---|
| 14 Contact name:            |   |
|                             |   |
|-----------------------------+---|
| 15. Contact telephone name: |   |
|                             |   |
+---------------------------------+

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