Shaamit did not run again for seven weeks before he reappeared in the King George VI and Queen Elizabeth Stakes at Ascot on 27 July. He was made 2/1 favourite in a field of eight runners, despite the fact that Michael Hills had elected to ride the four-year-old Pentire who had finished second to Lammtarra in the 1995 running of the race. Ridden by Pat Eddery, Shaamit had every chance in the straight but finished third behind Pentire and the St Leger winner Classic Cliche. Haggas made no excuses for Shaamit's defeat, saying that his colt was "just not good enough". Three weeks after his defeat at Ascot, Shaamit was sent off the 5/4 favourite for the Irish Champion Stakes at Leopardstown. He was unable to quicken in the straight and finished a "tame" fourth to the filly Timarida, beaten just over three lengths.