SHG.L Regulatory News (SHG)

Name of applicant:

Shanta Gold Limited

Name of scheme:

The Shanta Gold Limited Long Term Incentive Plan

Period of return:

From:

18 December 2016

To:

17 June 2017

Balance of unallotted securities under scheme(s) from previous return:

5,836,802 ordinary shares of 0.01 pence each in the Company ("Ordinary Shares")

The amount by which the block scheme(s) has been increased, if the scheme has been increased since the date of the last return:

0 Ordinary Shares

Number of securities issued/allotted under scheme(s) during period:

0 Ordinary Shares

Balance under scheme(s) not yet issued/allotted at end of period

5,836,802 Ordinary Shares

Number and class of securities originally listed and the date of admission

5,000,000 Ordinary Shares on 18 December 2014

5,000,000 Ordinary Shares on 21 January 2016

Total number of securities in issue at the end of the period

583,152,701 Ordinary Shares

Shanta Gold Limited

Toby Bradbury (CEO)

Eric Zurrin (CFO)

+255 (0) 22 292 5148

Nominated Adviser and Broker

Peel Hunt LLP

Matthew Armitt / Ross Allister / Chris Burrows

+ 44 (0)20 7418 8900

Financial Public Relations

Tavistock

Emily Fenton / Jos Simson / Barney Hayward

+44 (0)20 7920 3150