Change of Adviser

Shanta Gold Limited
18 April 2007


18 April 2007 Shanta Gold Limited - Change of Adviser

Change of Nominated Adviser and Broker

The Board of Shanta Gold Limited (SHG.L), the Tanzania gold exploration and
development company, is pleased to announce that it has appointed Panmure Gordon
(UK) Limited as its Nominated Adviser and Broker with immediate effect.  Panmure
Gordon, through its Appointed Representative GMP Securities Europe LLP, has been
appointed because of its strength in the natural resources sector which the
Company believes will be beneficial as its business develops.

For further information contact:

Richard Shead
Shanta Gold Limited
Tel [phone]

James Hannon
GMP Securities Europe LLP, an Appointed Representative of Panmure Gordon (UK)
Limited.
Tel [phone]

END




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