Appointment of Nominated Adviser and Joint Broker

7am

8 March 2010

Norseman Gold Plc

("Norseman Gold" or the "Company")

Appointment of Nominated Adviser and Joint Broker

The board of Norseman Gold is pleased to announce the appointment of Seymour Pierce Limited as its Nominated Adviser and Joint Broker with immediate effect.

Ocean Equities Ltd continues to act as the Company's Joint Broker.

For further information, please visit the Company's website at www.norsemangoldplc.com or contact:

Barry Cahill Norseman Gold Plc Tel: +61 (0)8 9473 2200

Nandita Sahgal Seymour Pierce Limited Tel: +44 (0)20 7107 8000

Guy Wilkes Ocean Equities Ltd Tel: +44 (0)20 7786 4370

Hugo de Salis/ St Brides Media and Finance Tel: +44 (0)20 7236 1177

Isabel Crossley Ltd