TIDMCGH 
 
Chaarat Gold Holdings Limited 
                          ("Chaarat" or "the Company") 
 
                              Director's Dealings 
 
Road Town, Tortola, British Virgin Islands (9 March 2011). 
 
Chaarat (AIM: CGH) has been notified that on 8 March 2011 Alexander Novak 
transferred 700,000 ordinary shares of US$0.01 each ("Share(s)") in the Company 
to a third party.  The consideration for the sale was the market price of the 
Shares at close of business on 7 March 2011, being 53.4 pence per Share. 
 Following this transaction, Alexander Novak has a beneficial interest in 
10,975,358 Shares representing approximately 4.38% of Chaarat's issued share 
capital. 
 
Note to Editors: 
 
About Chaarat Gold 
 
Chaarat  Gold is an exploration and  development company operating in the Kyrgyz 
Republic.   The Company's main activity is  the development of the Kiziltash and 
Tulkubash  projects situated within the Middle Tien Shan Mountains of Kyrgyzstan 
which form part of the Tien Shan gold belt.  The Company has thus far delineated 
a JORC compliant mineral resource of 4.406 Moz at a grade of 4.2 g/t gold across 
both  deposits.  The  Company is  currently in  the process  of compiling a Pre- 
Feasibility study on the Kiziltash project and a Definitive Feasibility Study on 
the  Tulkubash  project.   Chaarat's  objective  is  to  become  a low cost gold 
producer  targeting production of  over 200,000 ounces per  annum by early 2014 
from  the Kiziltash  project with  first production  from the  smaller Tulkubash 
project in mid 2012. 
 
www.chaarat.com 
Enquiries 
 
 Chaarat Gold Holdings Limited 
 
 c/o Central Asia Services Limited   +44 (0) 20 7499 2612 
 
 Dekel Golan                         dekel@chaarat.com 
 
 Linda Naylor                        linda.naylor@chaarat.com 
 
 
 
 Westhouse Securities Limited        +44 (0) 20 7601 6100 
 
 Tim Feather                         tim.feather@westhousesecurities.com 
 
 Richard Baty                        richard.baty@westhousesecurities.com 
 
 
 
 Smith's Corporate Advisory          +44 (0) 20 7239 0140 
 
 Dominic Palmer-Tomkinson            tomkinson@smiths-ca.com 
 
 
 
Disclaimer 
This press release includes forward-looking statements.  Such forward-looking 
statements involve known and unknown risks, uncertainties and other important 
factors beyond Chaarat's control that would cause the actual results, 
performance or achievements of Chaarat to be materially different from future 
results, performance or achievements expressed or implied by such forward- 
looking statements. Such forward-looking statements are based on numerous 
assumptions regarding Chaarat's present and future business strategies and the 
environment in which Chaarat will operate in the future.  Any forward-looking 
statements speak only as at the date of this document.  Chaarat expressly 
disclaims any obligation or undertaking to disseminate any updates or revisions 
to any forward-looking statements contained in this document to reflect any 
change in Chaarat's expectations with regard to these or any change in events, 
conditions or circumstances on which any such statements are based. As a result 
of these factors, the events described in the forward-looking statements in this 
press release may not occur either partially or at all. 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
 
Source: Chaarat Gold Holdings Ltd via Thomson Reuters ONE 
 
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