Changes in Directors Share Interests

June 19th, 2007

Transaction: on 14 June 2007 grant of stock options under the Company’s stock option plan as follows:

A J Williams - option granted in respect of 1,000,000 common shares of no par value. Total of 2,200,000 options in respect of common shares of no par value now held.

J T Williams - option granted in respect of 1,000,000 common shares of no par value. Total of 2,200,000 options in respect of common shares of no par value now held.

J S Cable - option granted in respect of 400,000 common shares of no par value. Total of 800,000 options in respect of common shares of no par value now held.

Option terms: options exercisable at Cdn$0.57 per share (or the pound sterling equivalent price) up to 13 June 2010.

For further information please contact:

Graham A Potts - Company Secretary
Arian Silver Corporation
43 North Audley Street
London, W1K 6WH
Tel: +44 (0) 20 7529 7511
Fax: +44 (0) 20 7491 2244
.