Notification of Major Interest in Shares

11.03.2013

Highland Gold Mining Limited ("the "Company")

Notification of significant holding

The Company was notified on 22 February 2013 that the attached holding via the link below represents an acquisition of indirect voting rights representing 10.06% of the issued share capital of the Company.

http://www.rns-pdf.londonstockexchange.com/rns/5186Y_-2013-2-22.pdf

The issued share capital of voting rights of the Company as at 22 February 2013 is 325,222,098 ordinary shares of £0.001 per share. The figure of 325,222,098 shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the FSA's Disclosure and Transparency Rules.

Contact:

Highland Gold
Dmitry Yakushkin, Head of Communications
Duncan Baxter, Non-executive Director:

+ 7 495 424 95 21
+ 44 (0) 1534 814202
   
Numis Securities Limited:
Alasdair Stratton/Stuart Skinner (Nominated Adviser)
James Black (Corporate Broking)
+44 20 7260 1000