Company Information for Ariana Resources Plc

AIM-AAU

www.arianaresources.com

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AIM; AAU

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Company Statement

Ariana Resources plc is an AIM-listed and PLUS-traded gold exploration and development company focused on Turkey. Ariana is spearheaded by an experienced Turkish management team, aiming to develop new gold mines in the country. Success is being delivered via an intelligent exploration strategy, which integrates geoscientific knowledge and new technologies to identify and advance prospects rapidly.

Focused on gold in Turkey
Developing the Sindirgi and Tavsan gold projects
Efficient and focused management team
Large licence portfolio with five drill-stage projects
Aiming to be the next gold producer in Turkey

Current Operations

Sindirgi Gold Project
The Sindirgi Gold Project is owned 100% by Ariana and encompasses three principle prospects which are summarised below:

Kiziltepe - 20km of gold/silver-bearing quartz veins, eight of which have been drilled to 2008 to enable an upgraded JORC-compliant mineral resource to be calculated.
Kepez - 3km of gold/silver-bearing quartz veins, one of which shows considerable grade and width potential on surface. Drilling of this vein in 2006 demonstrated continuity of the mineralised zone but the grades encountered at depth were poorer. The prospect is being re-evaluated ahead of any further drilling.
Karakavak - 15km of gold/silver-bearing quartz veins which have not yet been drilled by the Company. This prospect bears many similarities to Kiziltepe and there is scope for resource additions from this area. Some of these veins are being scheduled for drilling later in 2008.

Management has established a field office and staff housing facilities at Sindirgi to help focus efforts and to enable fast-track development of the project. Local support for the project is significant and the Company has already employed staff from the Sindirgi area.

Newmont Mining Corporation (NYSE & ASX: NEM; TSX: NMC) retains the right to a royalty of up to 2.5% on future gold production from the Sindirgi Project.

Ivrindi Gold Project
The Ivrindi Gold project is owned 100% by Ariana and encompasses one principle prospect which is summarised below:

Kinik - 750m x 50m gold in soil anomaly occurring above altered andesitic rocks. Channel sampling of in-situ rocks yielded 3.21 g/t over 10m and 3.09 g/t over 5m. This area was drilled in 2007.

Geographical Spread

Turkey

Board of Directors and Key Management

Michael Spriggs (Executive Chairman)

Kerim Sener (Managing Director)

Michael Etheridge (Non executive director)

Michael de Villiers (Non executive director)

David Reading (Non-Executive Director)

William Payne (Chief Financial Officer)

Company Address

Bridge House
London Bridge
London, United Kingdom SE1 9QR


Telephone:	+ 44 (0) 207 407 3616
Facsimile:	+ 44 (0) 207 403 1605
Email:	info[at]arianaresources.com
Website:	http://www.arianaresources.com

Year End

31 December

Nominated Brokers

Loeb Aron & Co. Limited
Georgian House
63 Coleman Street
London
UK EC2R 5BB

City Capital Corporation Limited
Scion Hall
56 Victoria Embankment
London EC4Y 0DZ

Nominated Advisors

Beaumont Cornish Limited
5th Floor
10-12 Copthall Avenue
London
UK EC2R 7DE

Major Shareholders

European Goldfields Limited	18.57 M	20.67
Starvest plc	16.46 M	18.31
P & N Curtis Esq	6.60 M	7.35
Williams de Broe	3.26 M	3.63
HSBC Global Custody Nominee	2.80 M	3.12
Wills & Co	2.77 M	3.09

Most Recent Statement

25/06/08 - ADDITIONAL DRILLING RESULTS: KIZILTEPE
10/06/08 - FINAL RESULTS FOR THE YEAR ENDED 31ST DECEMBER 2007
13/05/08 - Definitive Agreement to Purchase Tavsan Project
30/04/08 - REVISED JORC RESOURCE AT KIZILTEPE
21/04/08 - JOINT VENTURE FINALISED WITH EUROPEAN GOLDFIELDS SUBSCRIPTION AND BOARD APPOINTMENT
09/04/08 - Arzu South Resource Drilling: Kiziltepe Prospect

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