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Copyright © Hugin AS 2009. All rights reserved.
2009-11-11 12:23:04 -


London, November , 11, 2009
Chaarat Gold Holdings Ltd

                              (AIM:CGH)
                    ("Chaarat" or "the Company")

                         Directors Dealings

Road Town, Tortola, British Virgin Islands, 11 November 2009.

Chaarat  was   notified  on   10  November   2009  that   Christopher
Palmer-Tomkinson,  the  non  executive   Chairman  of  the   Company,
purchased on 9 November 2009,  800,000 Ordinary Shares at 23.5  pence
per share.  Following this purchase, Christopher Palmer-Tomkinson  is
interested in  a total  of  6,675,000 Ordinary  Shares,  representing
5.91% of the issued Ordinary Share capital of the Company.
Chaarat was further notified on  10 November 2009 that Linda  Naylor,
the Finance  Director of  the  Company, purchased  on the  same  day,
42,500 Ordinary  Shares of  the  Company at  23.5 pence  per  share.
Following the purchase, Linda Naylor now holds 42,500 Ordinary Shares
which represents 0.038% of the  issued Ordinary Share capital of  the
Company.

Chaarat Gold Holdings
Chaarat Gold  Holdings is  an exploration  company operating  in  the
Kyrgyz Republic with its current main activity being the  development
of the  Chaarat Gold  Project.  The Project  is situated  within  the
Middle Tien Shan Mountains of Kyrgyzstan which form part of the  Tien
Shan gold belt. The Company has delineated thus far a JORC  compliant
Mineral Resource of 3.34Moz at a grade of 4.30 g/t gold.
A scoping study demonstrating the  economic viability of the  project
was completed at  the end of  2008. The Company  is currently in  the
process  of  preparing   a  pre-feasibility   study.  Following   the
continuous exploration  works  undertaken  during  2009  the  Company
expects to announce an updated  Resource Report in the first  quarter
of 2010.
Chaarat's objective is to become  a low cost gold producer  targeting
an initial production of over 200,000 ounces per annum by late 2012.

Disclaimer
This  press   release  includes   forward-looking  statements.   Such
forward-looking  statements   involve   known  and   unknown   risks,
uncertainties and other  important factors  beyond Chaarat's  control
that would cause the actual  results, performance or achievements  of
Chaarat to be materially  different from future results,  performance
or  achievements  expressed  or   implied  by  such   forward-looking
statements. Such  forward-looking statements  are based  on  numerous
assumptions  regarding   Chaarat's   present  and   future   business
strategies and the environment in  which Chaarat will operate in  the
future. Any forward-looking statements speak  only as at the date  of
this  document.  Chaarat  expressly   disclaims  any  obligation   or
undertaking  to  disseminate   any  updates  or   revisions  to   any
forward-looking statements contained in this document to reflect  any
change in Chaarat's expectations with  regard to these or any  change
in events, conditions or circumstances  on which any such  statements
are based. As a result of these factors, the events described in  the
forward-looking statements in this press release may not occur either
partially or at all.

Enquiries


Chaarat Gold Holdings Ltd
c/o Central Asia Services Ltd +44 (0) 20 7499 2612
Dekel Golan                   dekel@chaarat.com
Linda Naylor                  linda.naylor@chaarat.com

Canaccord Adams Limited       +44 (0) 20 7050 6500
Mike Jones

Smith's Corporate Advisory    +44 (0) 20 7239 0140
Dominic Palmer-Tomkinson      tomkinson@smiths-ca.com

Conduit PR                    +44 (0) 20 7429 6603
Jos Simson                    jos@conduitpr.com

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