Holding in Company

16 Jul 2007 09:46

Ariana Resources PLC16 July 2007 16 July 2007AIM: AAU HOLDING IN COMPANY Ariana Resources plc ("the Company"), the gold exploration company focused onTurkey, announces that it received notification on 13th July 2007 from S.J.Poulton, a former director of the Company, that following recent share disposalshe now holds 1,216,933 shares in the Company, representing 2.59% of the totaloutstanding 46,957,362 1p Ordinary shares. As a result he no longer has anotifiable interest in the Company. Contacts: Ariana Resources plcMichael Spriggs, ChairmanKerim Sener, Managing Director Tel: 0207 407 3616info@arianaresources.comBeaumont Cornish Limited Tel: 0207 628 3396 Roland CornishBankside ConsultantsMichael Padley / Louise Davis Tel: 0207 367 8888 Editors' note: About Ariana Resources Ariana is a dynamic exploration company focused on the discovery and developmentof epithermal gold-silver and porphyry copper-gold deposits with multi-millionounce potential within the Tethyan metallogenic belt of Turkey. The Company hasa portfolio of prospective licences covering 1,820km2, selected on the basis ofits advanced in-house remote sensing database. The Company's flagship asset is the 235km2 Sindirgi Gold Project, which targetsa series of prospects, within a prolific mineralised district in western Turkey.The project hosts over 45km of gold-silver bearing epithermal quartz veins. Ambrian Partners Limited and King & Shaxson Capital Limited are joint brokers tothe Company and Beaumont Cornish Limited is the Company's nominated adviser. For further information on Ariana you are invited to visit the Company's websiteat www.arianaresources.com. Ends This information is provided by RNS The company news service from the London Stock Exchange