Issue of Equity, Warrant Grant and Total Voting Rights

The Board of Ariana Resources plc ("Ariana" or "the Company"), the gold

exploration and development company focused on Turkey, today announces that it

has received requests for the exercise of a total of 2,262,632 warrants which

were granted as a one for one with placing shares announced on 18 February

2011, exercisable at 4.75p each within twelve months of date of admission ("the

Exercise"),

Application will be made for the 2,262,632 new ordinary shares issued pursuant

to the Exercise, 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 14 September 2011 ("Admission").

In addition, and pursuant to the arrangements made at the time of the placing

referred to above, the Company have issued 24,513,158 warrants on the same terms

to Rivington Street Holdings.

At Admission, the Company's issued share capital will consist of 256,198,650

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

256,198,650.

The above figure of 256,198,650 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