Annual Financial Report

24 May 2010

                              Shanta Gold Limited
                                (the 'Company')

                           Annual Report and Accounts

Shanta Gold Limited announces that it has today posted to shareholders its
Annual Report and Accounts for the year ended 31 December 2009, incorporating
the Notice of the Annual General Meeting, to be held on 18 June 2010.

The document is also available for viewing on the Company's website
atwww.shantagold.com <

http://www.shantagold.com/>.

Contact details:

Shanta Gold Limited


http://www.shantagold.com

Walton Imrie
Mobile: [phone]

Walter Vorwerk
Mobile: [phone]

Fairfax I.S. PLC
Nominated adviser and broker
Ewan Leggat / Laura Littley
[phone]


[HUG#1417847]