TIDMCGH 
 
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| | For filings with the FSA include    |                         | | 
| | the annex                           |                         | | 
| |-------------------------------------+-------------------------| | 
| | For filings with issuer exclude the |                         | | 
| | annex                               |                         | | 
| |---------------------------------------------------------------| | 
| |                                                               | | 
| |---------------------------------------------------------------| | 
| | TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi               | | 
| |---------------------------------------------------------------| | 
| |                                        |                      | | 
| |----------------------------------------+----------------------| | 
| | 1. Identity of the issuer or the       |     Chaarat Gold     | | 
| | underlying issuer                      |   Holdings Ltd Ord   | | 
| | of existing shares to which voting     |    USD0.01 (SEDOL    | | 
| | rights are                             |       B24FXV6)       | | 
| | attached: ii                           |                      | | 
| |---------------------------------------------------------------| | 
| | 2 Reason for the notification (please tick the appropriate    | | 
| | box or boxes):                                                | | 
| |---------------------------------------------------------------| | 
| | An acquisition or disposal of voting rights      |     X      | | 
| |--------------------------------------------------+------------| | 
| | An acquisition or disposal of qualifying         |            | | 
| | financial instruments which may result in the    |            | | 
| | acquisition of shares already issued to which    |            | | 
| | voting rights are attached                       |            | | 
| |--------------------------------------------------+------------| | 
| | An acquisition or disposal of instruments with   |            | | 
| | similar economic effect to qualifying financial  |            | | 
| | instruments                                      |            | | 
| |--------------------------------------------------+------------| | 
| | An event changing the breakdown of voting rights |            | | 
| |--------------------------------------------------+------------| | 
| | Other (please          |                         |            | | 
| | specify):              |                         |            | | 
| |---------------------------------------------------------------| | 
| | 3. Full name of person(s)       | Cazenove Capital Management | | 
| | subject to the                  |           Limited           | | 
| | notification obligation: iii    |                             | | 
| |---------------------------------+-----------------------------| | 
| | 4. Full name of shareholder(s)  |             N/A             | | 
| |  (if different from 3.):iv      |                             | | 
| |---------------------------------+-----------------------------| | 
| | 5. Date of the transaction and  |                             | | 
| | date on                         |                             | | 
| | which the threshold is crossed  |          22/10/09           | | 
| | or                              |                             | | 
| | reached: v                      |                             | | 
| |---------------------------------+-----------------------------| | 
| | 6. Date on which issuer         |          23/10/09           | | 
| | notified:                       |                             | | 
| |---------------------------------+-----------------------------| | 
| | 7. Threshold(s) that is/are     |                             | | 
| | crossed or                      |             14%             | | 
| | reached: vi, vii                |                             | | 
| +---------------------------------------------------------------+ | 
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+------------------------------------------------------------------------------------------------------------+ 
|8. Notified details:                                                                                        | 
|------------------------------------------------------------------------------------------------------------| 
|A: Voting rights attached to shares viii, ix                                                                | 
|------------------------------------------------------------------------------------------------------------| 
|Class/type of         |Situation previous              |Resulting situation after the triggering transaction| 
|shares                |to the triggering               |                                                    | 
|if possible using     |transaction                     |                                                    | 
|the ISIN CODE         |--------------------------------+----------------------------------------------------| 
|                      |Number           |Number        |Number    |Number of voting     |% of  voting rights| 
|                      |of               |of            |of shares |rights               |x                  | 
|                      |Shares           |Voting        |----------+---------------------+-------------------| 
|                      |                 |Rights        |Direct    |Direct |Indirect xii |Direct  |Indirect  | 
|                      |                 |              |          |xi     |             |        |          | 
|----------------------+-----------------+--------------+----------+-------+-------------+--------+----------| 
|VGG203461055          |                 |              |          |       |             |        |          | 
|----------------------|15,786,450       |15,786,450    |15,811,450|       |15,811,450   |        |14.00%    | 
|Ordinary              |                 |              |          |       |             |        |          | 
|------------------------------------------------------------------------------------------------------------| 
|                                                                                                            | 
|------------------------------------------------------------------------------------------------------------| 
|B: Qualifying Financial Instruments                                                                         | 
|------------------------------------------------------------------------------------------------------------| 
|Resulting situation after the triggering transaction                                                        | 
|------------------------------------------------------------------------------------------------------------| 
|Type of financial          |Expiration        |Exercise/              |Number of voting      |% of voting   | 
|instrument                 |date xiii         |Conversion Period xiv  |rights that may be    |rights        | 
|                           |                  |                       |acquired if the       |              | 
|                           |                  |                       |instrument is         |              | 
|                           |                  |                       |exercised/ converted. |              | 
|---------------------------+------------------+-----------------------+----------------------+--------------| 
|N/A                        |N/A               |N/A                    |N/A                   |N/A           | 
|------------------------------------------------------------------------------------------------------------| 
|                                                                                                            | 
|------------------------------------------------------------------------------------------------------------| 
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi           | 
|------------------------------------------------------------------------------------------------------------| 
|Resulting situation after the triggering transaction                                                        | 
|------------------------------------------------------------------------------------------------------------| 
|Type of        |Exercise price    |Expiration date|Exercise/     |Number of voting      |% of voting rights | 
|financial      |                  |xvii           |Conversion    |rights instrument     |xix, xx            | 
|instrument     |                  |               |period xviii  |refers to             |                   | 
|               |                  |               |              |                      |                   | 
|---------------+------------------+---------------+--------------+----------------------+-------------------| 
|               |                  |               |              |N/A                   |Nominal    |Delta  | 
|N/A            |N/A               |N/A            |N/A           |                      |-----------+-------| 
|               |                  |               |              |                      |N/A        |N/A    | 
|------------------------------------------------------------------------------------------------------------| 
|                                                                                                            | 
|------------------------------------------------------------------------------------------------------------| 
|Total (A+B+C)                                                                                               | 
|------------------------------------------------------------------------------------------------------------| 
|Number of voting rights                                      |Percentage of voting rights                   | 
|-------------------------------------------------------------+----------------------------------------------| 
|15,811,450                                                   |14.00%                                        | 
+------------------------------------------------------------------------------------------------------------+ 
 
 
 
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| 9. Chain of controlled undertakings through which the voting      | 
| rights and/or the                                                 | 
| financial instruments are effectively held, if applicable: xxi    | 
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| N/A                                                               | 
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|                                                                   | 
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| Proxy Voting:                                                     | 
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| 10. Name of the proxy holder:                              | N/A  | 
|------------------------------------------------------------+------| 
| 11. Number of voting rights proxy holder will cease        | N/A  | 
| to hold:                                                   |      | 
|------------------------------------------------------------+------| 
| 12. Date on which proxy holder will cease to hold          | N/A  | 
| voting rights:                                             |      | 
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| 13. Additional information:                   |        N/A        | 
|-----------------------------------------------+-------------------| 
| 14. Contact name:                             |        N/A        | 
|-----------------------------------------------+-------------------| 
| 15. Contact telephone number:                 |        N/A        | 
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| Note: Annex should only be submitted to the FSA not the issuer    | 
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| Annex: Notification of major interests in sharesxxii              | 
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| A: Identity of the persons or legal entity subject to the         | 
| notification obligation                                           | 
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| Full name                                  |   Cazenove Capital   | 
| (including legal form of legal entities)   |  Management Limited  | 
|                                            |                      | 
|--------------------------------------------+----------------------| 
| Contact address                            |   Cazenove Capital   | 
| (registered office for legal entities)     |  Management Limited  | 
|                                            | 12 Moorgate, London, | 
|                                            |       EC2R 6DA       | 
|--------------------------------------------+----------------------| 
| Phone number & email                       |    0207 155 5905     | 
|                                            |                      | 
|--------------------------------------------+----------------------| 
| Other useful information                   |                      | 
| (at least legal representative for legal   |   Anthony O'Malley   | 
| persons)                                   |                      | 
|                                            |                      | 
|--------------------------------------------+----------------------| 
|                                            |                      | 
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| B: Identity of the notifier, if applicable                        | 
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| Full name                                  |         N/A          | 
|                                            |                      | 
|--------------------------------------------+----------------------| 
| Contact address                            |         N/A          | 
|                                            |                      | 
|--------------------------------------------+----------------------| 
| Phone number & email                       |         N/A          | 
|                                            |                      | 
|--------------------------------------------+----------------------| 
| Other useful information                   |                      | 
| (e.g. functional relationship with the     |         N/A          | 
| person or legal entity subject to the      |                      | 
| notification obligation)                   |                      | 
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| C: Additional information                                         | 
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| N/A                                                               | 
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| For notes on how to complete form TR-1 please see the FSA         | 
| website.                                                          | 
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=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.
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