Statement re AGA subscription

RNS Number:1538L
Trans-Siberian Gold PLC
17 April 2005



news release



For immediate release:  18 April 2005



                            Trans-Siberian Gold plc

                    Two week extension to AngloGold Ashanti
                             subscription agreement


LONDON: 18 April 2005 - On 23 December 2004, Trans-Siberian Gold plc (TSG)
announced that the deadline for the second subscription for new ordinary shares
by AngloGold Ashanti Limited (AGA) had been extended to 15 April 2005, and that
the second subscription would no longer be conditional on TSG entering into a
binding agreement to implement project financing for the Asacha gold mine
development in Kamchatka, far east Russia. Instead, TSG and AGA agreed that the
second subscription would be conditional on a revised implementation plan and
financing plan for the Asacha project being unanimously agreed by the TSG Board,
and any regulatory filings in the Russian Federation necessary for the revised
implementation plan having been made.


Whilst good progress has been made in satisfying the conditions to the second
subscription certain issues remain outstanding and, in order to allow for their
resolution, the deadline for the second subscription has been extended until 29
April 2005.


                                      Ends


For further information, please contact:

Jocelyn Waller,
Managing Director,
Trans-Siberian Gold plc                            01223 265 761 / 07778 164 376

Simon Olsen,
Finance Director                                   01223 265 768 / 07770 484 965
Trans-Siberian Gold plc

Keith Irons,                                       020 7444 4155 / 07885 356 639
Simon Rothschild                                   020 7444 4153 / 07703 167 065
Bankside Consultants



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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