CHAARAT GOLD HLDGS : Appointment of Advisers

                           Chaarat Gold Holdings Ltd

                             Appointment of advisers

Road Town, Tortola, British Virgin Islands, 29( )January 2010.

Chaarat Gold Holdings Ltd ("Chaarat" or "the Company")  (AIM:CGH) is pleased to
announce the appointment of Westhouse Securities Limited as its nominated
adviser and joint broker and the appointment of Mirabaud Securities LLP as its
joint broker, with immediate effect.

Chaarat
Chaarat is an exploration company operating in the Kyrgyz Republic with its
current main activity being the development of the Chaarat project (the
"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 thus far
delineated 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
compiling 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  [phone]

 Dekel Golan                    [e-mail] 

 Linda Naylor                   [e-mail]
                                


 Westhouse Securities Limited   [phone]

 Tim Feather / Richard Baty     [e-mail]
                                

                                [e-mail]
                                



 Mirabaud Securities LLP        [phone]

 Rory Scott                     [e-mail]
                                



 Smith's Corporate Advisory     [phone]

 Dominic Palmer-Tomkinson       [e-mail]
                                



 Conduit PR                     [phone]

 Jos Simson                     [e-mail] 




[HUG#1378418]