Change of Adviser

Shanta Gold Limited

("Shanta Gold" or the "Company")

Appointment of Nominated Adviser and Broker

Shanta Gold is pleased to announce that it has appointed Fairfax I.S.
PLC as Nominated Adviser and sole Broker to the Company with
immediate effect.

For further information contact:


+-----------------------------------------------------------+
| Shanta Gold Limited         | 

http://www.shantagold.com   |
|                             |                             |
|-----------------------------+-----------------------------|
| Walton Imrie                | Mobile: [phone] |
|-----------------------------+-----------------------------|
| Walter Vorwerk              | Mobile: [phone] |
|-----------------------------+-----------------------------|
|                             |                             |
|-----------------------------+-----------------------------|
| Fairfax I.S. PLC            | www.fairfaxplc.com          |
|                             |                             |
|-----------------------------+-----------------------------|
| Ewan Leggat / Laura Littley | Tel: [phone]    |
|-----------------------------+-----------------------------|
|                             |                             |
+-----------------------------------------------------------+

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