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Re: None

Monday, 03/25/2013 3:31:34 PM

Monday, March 25, 2013 3:31:34 PM

Post# of 30
Capital Structure and Major Shareholders

Issued share capital 311,595,554

Share options outstanding - 15,960,000
1,500,000 at GB£0.12/Cdn$0.25 expiring 4 June 2013
1,300,000 at GB£0.055/Cdn$0.10 expiring 16 July 2014
11,860,000 at GB£0.4925/Cdn$0.79 expiring 18 January 2016
300,000 at GB£0.30/Cdn$0.48 expiring 6 June 2016
1,000,000 at GB£0.162/Cdn$0.26 expiring 29 May 2017

Fully diluted 327,555,554

The Company's major shareholders as of the date below are:

Sprott Asset Management 15.7%


In accordance with the AIM Rules (Rule 26), in so far as the Company is aware, the percentage of the Company's issued share capital that is not in public hands is 19.6%

Last updated on 22 March 2013.

http://www.ariansilver.com/s/ShareStructure.asp