Simberi and Gold Ridge Exploration Update

FOR IMMEDIATE RELEASE 18 October 2010

allied gold limited

("the Company")

Allied Gold Limited - Exploration Update

Allied Gold Limited lodged an exploration update on its 100% owned Simberi and Gold Ridge Projects with the Australian Stock Exchange today.

The update includes detailed maps and tables and can be viewed as a link to this announcement and on the Company's website.

http://www.rns-pdf.londonstockexchange.com/rns/5396U_-2010-10-18.pdf

For more details please contact:

Beaumont Cornish Limited

Roland Cornish

Beaumont Cornish Limited

T: +44 (0) 20 7628 3396

David Simonson- Investor Relations

T: +44 (0) 20 7726 8400