Issue of Equity - Replacement

The following announcement replaces the Issue of Equity announcement, HUG#1508595, released at 17.00 on 21 April 2011.  There was a typographical error in the first paragraph and the number of new ordinary shares issued to Rivington Street Sales and Conferences Limited should have read 438,333 and not 483,333. All other text remains the same. 21 April 2011 AIM / PLUS Markets: AAU ISSUE OF EQUITY TOTAL VOTING RIGHTS The Board of Ariana Resources plc ("Ariana" or "the Company"), the gold exploration and development company focused on Turkey, today announces the issue of 438,333 new ordinary shares of 1p each in the capital of the company at 6p each to Rivington Street Sales and Conferences Limited in settlement of certain invoiced services. Application will be made for the new ordinary shares, which will rank pari passu, with all existing ordinary shares, to be admitted to trading on AIM.  Admission is expected to take place on or around 28 April 2011 ("Admission"). At Admission, the Company's issued share capital will consist of 250,920,008 Ordinary Shares with a nominal value of 1p each, with voting rights ("Ordinary Shares").  The Company does not hold any Ordinary Shares in Treasury.  Therefore the total number of Ordinary Shares in the Company with voting rights will be 250,920,008. The above figure of 250,920,008 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Service Authority's Disclosure and Transparency Rules. Contacts: Ariana Resources plc Tel: +44 (0) 20 7407 3616 Michael Spriggs, Chairman Kerim Sener, Managing Director Beaumont Cornish Limited Tel: +44 (0) 20 7628 3396 Roland Cornish / Felicity Geidt St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177 Hugo de Salis / Susie Geliher 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: Ariana Resources plc via Thomson Reuters ONE [HUG#1535403]