TIDMCGH 
 
Chaarat Gold Holdings Limited 
                          ("Chaarat" or "the Company") 
 
                            Senior Management Change 
 
Road Town, Tortola, British Virgin Islands (26 August 2011) 
 
The Board of Chaarat announces that Mr. Benoit de Galbert, Chief Operating 
Officer, has left the Company.  Dekel Golan, Chief Executive, continues to lead 
the operational team in Kyrgyzstan so as to ensure uninterrupted progress on the 
construction of the Tulkubash Project. 
 
Activities on site and in Bishkek are continuing and the project is progressing 
satisfactorily.  The Company will announce its half year report and provide the 
market with a development update in September. 
 
Chaarat has raised the funds and commenced construction of the maiden production 
facility producing gold from the Tulkubash portion of the Chaarat deposit.  The 
Tulkubash benefits from open pit free milling ore. 
 
The total resource estimate for the Chaarat Project now stands at 4.736 Moz, at 
an average grade of 4.28 g/t. 
 
Enquiries: 
 
 Chaarat Gold                                         +44 (0)20 7499 2612 
 c/o Central Asia Services Limited 
 Dekel Golan - CEO                                      dekel@chaarat.com 
 Linda Naylor - Finance Director                 linda.naylor@chaarat.com 
 
 
 
 Westhouse Securities Limited                         +44 (0)20 7601 6100 
 Tim Feather                          tim.feather@westhousesecurities.com 
 Richard Baty                        richard.baty@westhousesecurities.com 
 
 Bankside Consultants                                + 44 (0)20 7367 8888 
 Simon Rothschild                           simon.rothschild@bankside.com 
 
 
 
 
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 delineated a JORC 
compliant mineral resource of 4.736Moz at a grade of 4.28g/t gold across both 
projects.  Chaarat's key objective is to become a low cost gold producer; with 
initial production from the Tulkubash project, targeting increased production of 
over 200,000 ounces per annum as the Kiziltash project comes on stream. 
 
Further information is available atwww.chaarat.com 
 
 
 
 
 
 
 
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 
 
[HUG#1541454] 
 

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