Purchase of minority interest in Asacha project

Trans-Siberian Gold plc

Purchase of minority interest in Asacha project

Trans-Siberian Gold plc ("TSG" or "the Company") (TSG.L) reports that it has completed the acquisition of an additional 4.97% of the shares in ZAO Trevohnoye Zarevo at a cost of US$500,000, thereby increasing the Company's interest in the Asacha and Rodnikova projects to 100%.

Development and pre-production mining and plant construction at the Asacha project continues as planned. A further announcement in respect of progress at Asacha, and the continuing negotiations in respect of the US$12 million additional funding requirement reported on 25 May 2010, will be made in due course.

Ends

Contacts:

TSG

Simon Olsen +44 (0) 1480 811871

+44 (0) 7770 484965

Seymour Pierce

Stewart Dickson / David Foreman +44 (0) 20 7107 8000