Issue of Equity

10 August 2009
AIM / PLUS Markets: AAU
 
                           ISSUE OF SHARES
 
Ariana announces  that  in accordance  with  the terms  of  the  Sale
Agreement with Odyssey Resources Limited as announced on 13 May 2008,
following the transfer of the remaining Licences (as defined in  Sale
Agreement)  the  Company  have   released  a  payment  of   $US50,000
("Deferred Consideration")  and  issued  the  remaining  600,000  new
Ordinary Shares of 1 pence each  held in escrow as consideration  for
these transfers ("the Consideration Issue").
 
Application will be  made to the  London Stock Exchange  for the  new
Ordinary Shares to be issued pursuant  to the Placing to be  admitted
to trading  on AIM.   It is  anticipated that  Admission will  become
effective and dealings will  commence on or  around 14 August  2009.
The new Ordinary Shares will rank  pari passu, in all respects,  with
the existing  Ordinary Shares  that are  currently in  issue and  are
traded on AIM.  Following admission of these shares, there will be  a
total of 143,710,294 Ordinary Shares in issue.
 
Contacts:
 
Ariana Resources plc               Tel: 020 7407 3616
Michael Spriggs, Chairman
Kerim Sener, Managing Director
 
Beaumont Cornish Limited           Tel: 020 7628 3396
Roland Cornish
 
Lothbury Financial                 Tel: 020 7011 9411
Michael Padley / Louise Davis
 
Alexander David Securities Limited Tel: 020 7448 9820
Nick Bealer / David Scott
 
Loeb Aron & Company Ltd            Tel: 020 7628 1128
Peter Freeman / Frank Lucas
 
Editors' note:
 
About Ariana Resources
 
Ariana  is  an  exploration   and  development  company  focused   on
epithermal gold-silver and porphyry copper-gold deposits in  Turkey.
The Company is exploring a portfolio of prospective licences selected
on the basis of its in-house geological and remote-sensing  database,
on its  own in  western Turkey  and in  Joint Venture  with  European
Goldfields Limited in north-eastern Turkey.
 
The Company's  flagship  assets  are its  Sindirgi  and  Tavsan  gold
projects.  Both projects  contain a series  of prospects, within  two
prolific mineralised districts in the Western Anatolian Volcanic  and
Extensional (WAVE) Province in  western Turkey.  This Province  hosts
the largest  operating  gold  mines  in  Turkey  and  remains  highly
prospective for  new porphyry  and epithermal  deposits.  These  core
projects, which are separated  by a distance  of 75km, are  presently
being assessed  as  to their  economic  merits.  The  total  resource
inventory  of  the   Company  stands  at   401,000  ounces  of   gold
equivalent.
 
Loeb Aron & Company Ltd.  and Alexander David Securities Limited  are
joint brokers  to the  Company and  Beaumont Cornish  Limited is  the
Company's Nominated Adviser.
 
For further  information  on Ariana  you  are invited  to  visit  the
Company's website at www.arianaresources.com.
 
Ends
 
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