Holding(s) in Company

For filings with the FSA include the | annex | --------------------------------------+-------------------------------------------- For filings with issuer exclude the | annex | --------------------------------------+-------------------------------------------- +---------------------------------------------------------------------------------+ |TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) | +-----------------------------------------------+---------------------------------+   | +-----------------------------------------------+---------------------------------+ |1. Identity of the issuer or the underlying | | |issuer | Chaarat Gold Holdings Ltd| |of existing shares to which voting rights are | | |attached:(ii) | | +-----------------------------------------------+---------------------------------+ |2 Reason for the notification (please tick the appropriate box or boxes): | +-------------------------------------------------------------------------+-------+ |An acquisition or disposal of voting rights | x | +-------------------------------------------------------------------------+-------+ |An acquisition or disposal of qualifying financial instruments which may | | |result in the acquisition of shares already issued to which voting rights|   | |are attached | | +-------------------------------------------------------------------------+-------+ |An acquisition or disposal of instruments with similar economic effect to|   | |qualifying financial instruments | | +-------------------------------------------------------------------------+-------+ |An event changing the breakdown of voting rights |   | +--------------+----------------------------------------------------------+-------+ |Other (please |  |   | |specify): | | | +--------------+--------------------+-------------------------------------+-------+ |3. Full name of person(s) subject |First State Investment Management (UK) | |to the |Limited | |notification obligation:(iii) |First State Investment International Limited | | |      | +-----------------------------------+---------------------------------------------+ |4. Full name of shareholder(s) |  | | (if different from 3.):(iv) | | +-----------------------------------+---------------------------------------------+ |5. Date of the transaction and date|04(th) Feb 2011 (Date of the transaction) | |on |03(rd) Mar 2011 (Date of threshold is | |which the threshold is crossed or |crossed) | |reached:(v) | | +-----------------------------------+---------------------------------------------+ |6. Date on which issuer notified: |04(th) Mar 2011 | +-----------------------------------+---------------------------------------------+ |7. Threshold(s) that is/are crossed|4%,7% | |or | | |reached:(vi, vii) | | +-----------------------------------+---------------------------------------------+ |  | +---------------------------------------------------------------------------------+ |8. Notified details: | +---------------------------------------------------------------------------------+ |A: Voting rights attached to shares (viii, ix) | +------------+---------------------+----------------------------------------------+ |Class/type |Situation previous |Resulting situation after the triggering | |of |to the triggering |transaction | |shares |transaction | | | +---------+-----------+------------+-----------------+---------------+ |if possible |Number |Number |Number |Number of voting |% of  voting | |using |of |of |of shares |rights |rights (x) | |the ISIN | res |Vot ng +------------+------+----------+------+--------+ |CODE | |Rights |Direct |Direct|Indirect |Direct|Indirect| | | | | |(xi) |(xii) | | | +------------+---------+-----------+------------+------+----------+------+--------+ |  | | | | | | | | |VGG203461055|6,441,791|6,441,791 |18,776,152 |  |18,776,152|  |7.50% | +------------+ | | | | | | | |  | | | | | | | | +------------+---------+-----------+------------+------+----------+------+--------+ +---------------------------------------------------------------------------------+ |B: Qualifying Financial Instruments | +---------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +---------------+----------+---------------------+------------------+-------------+ |Type of |Expiration|Exercise/ |Number of voting |% of voting | |financial |date(xiii)|Conversion |rights that may be|rights | |instrument | |Period(xiv) |acquired if the | | | | | |instrument is | | | | | |exercised/ | | | | | |converted. | | +---------------+----------+---------------------+------------------+-------------+ |  |  |  |  |  | +---------------+----------+---------------------+------------------+-------------+ +---------------------------------------------------------------------------------+ |C: Financial Instruments with similar economic effect to Qualifying Financial | |Instruments (xv, xvi) | +---------------------------------------------------------------------------------+ |Resulting situation after the triggering transaction | +-------------+--------+----------+-------------+------------------+--------------+ |Type of |Exercise|Expiration|Exercise/ |Number of voting |% of voting | |financial |price |date |Conversion |rights instrument |rights (xix, | |instrument | |(xvii) |period(xviii)|refers to |xx) | | | | | |  |  | +-------------+--------+----------+-------------+------------------+-------+------+ | | | | | |Nominal|Delta | |  |  |  |  |  +-------+------+ | | | | | |  |  | +-------------+--------+----------+-------------+------------------+-------+------+ +---------------------------------------------------------------------------------+ |Total (A+B+C) | +------------------------------------+--------------------------------------------+ |Number of voting rights |Percentage of voting rights | +------------------------------------+--------------------------------------------+ |18,776,152 |  | | |7.50% | +------------++++------+---+------+++++---------++-----+----------+++----+++------+ +------------------------------------------------------------------------------+ |9. Chain of controlled undertakings through which the voting rights and/or the| |financial instruments are effectively held, if applicable:(xxi) | +------------------------------------------------------------------------------+ |  | |All voting rights on all shares are controlled by First State Investment | |Management (UK) Limited and First State International Limited | |  | +------------------------------------------------------------------------------+ +------------------------------------------------------------------------------+ |Proxy Voting: | +----------------------------------------------+-------------------------------+ |10. Name of the proxy holder: |  | +----------------------------------------------+-------------------------------+ |11. Number of voting rights proxy holder will | | |cease |  | |to hold: | | +----------------------------------------------+-------------------------------+ |12. Date on which proxy holder will cease to | | |hold |  | |voting rights: | | +----------------------------------------------+-------------------------------+ +-----------------------------+------------------------------------------------+ | | | |13. Additional information: | | | |  | +-----------------------------+------------------------------------------------+ |14. Contact name: |Ping Chen | +-----------------------------+------------------------------------------------+ |15. Contact telephone number:|+44 131 473 2470 | +-----------------------------+----------------+-------------------------------+ Further information about the Company: Chaarat Gold Holdings Limited +44 (0) 20 7499 2612 c/o Central Asia Services Limited dekel@chaarat.com linda.naylor@chaarat.com Westhouse Securities Limited +44 (0) 20 7601 6100 Tim Feather tim.feather@westhousesecurities.com Richard Baty richard.baty@westhousesecurities.com Smith's Corporate Advisory +44 (0) 20 7321 2508 Dominic Palmer-Tomkinson tomkinson@smiths-ca.com This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Chaarat Gold Holdings Ltd via Thomson Reuters ONE [HUG#1494771]