Director/PDMR Shareholding

Chaarat Gold Holdings Limited 

("Chaarat" or the "Company")

Director/PDMR shareholding

Road Town, Tortola, British Virgin Islands (19th October 2017)

Chaarat (AIM - CGH), the AIM quoted exploration and development company with assets in the Kyrgyz Republic, issued an announcement on 17th July 2017 stating that Martin Wiwen-Nilsson, a non-executive director of the Company, held 9,898,237 ordinary shares of US$ 0.01 each, representing 2.84% of the issued share capital of the Company. Due to a transposition error the resultant holding was incorrectly stated and should have been disclosed as 9,998,237 ordinary shares of US$0.01 each. All of the other information included in that announcement was correct.

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About Chaarat Gold

Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic with a large, high grade resource - the Chaarat Gold Project. The Company's key objective is to become a low cost gold producer generating significant production from the development of the Chaarat Gold Project. Chaarat is engaged in an active community engagement programme to optimise the value of the Chaarat investment proposition.

Chaarat aims to create value for its shareholders, employees and communities from its high quality gold and mineral deposits in the Kyrgyz Republic by building relationships based on trust and operating to the best environmental, social and employment standards.

Further information is available at www.chaarat.com