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Change of Advisers

March 20, 2014

Shanta Gold, the East Africa focused gold production and exploration company, is pleased to announce the appointment of Peel Hunt LLP ("Peel Hunt") as the Company's Nominated Adviser and Joint Broker, and GMP Securities Europe LLP ("GMP Europe") as Joint Broker with immediate effect.


Shanta Gold Limited   
Tel: +255 (0) 22 2601 829
Mike Houston, CEO   
Patrick Maseva-Shayawabaya, CFO   

Peel Hunt LLP     
Tel: +44 (0) 20 7418 8900
(Nominated Adviser & Joint Broker)   
Matthew Armitt
Ross Allister   

GMP Securities Europe LLP    
Tel: +44 (0)20 7647 2800
(Joint Broker)   
Richard Greenfield
Alexandra Carse   

FTI Consulting    
Tel: +44 (0)20 3727 1000
(Financial Public Relations)   
Oliver Winters
Sara Powell   

About Shanta Gold Limited

Shanta Gold is an East African focused gold producing company. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties. The Company's flagship New Luika Gold Mine commenced production in 2012 and produced 64,000 ounces in 2013. The Company is admitted to trading on AIM and has approximately 464 million shares in issue. For further information visit the Company's website:

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