Change of Advisor

2 March 2010

Highland Gold Mining Limited (the "Company")

Change of Nominated Adviser & Broker

Highland Gold Mining Limited announces that, as a result of the acquisition by J.P. Morgan of the shares in J.P. Morgan Cazenove Limited it did not already own, J.P. Morgan Securities Ltd. (which conducts its UK investment banking business as J.P. Morgan Cazenove) has been appointed as Nominated Adviser and Broker to the Company with immediate effect, replacing J.P. Morgan Cazenove Limited.

For further information please contact:

Duncan Baxter, Chairman - +44 (0) 1534 814202

J.P. Morgan Cazenove

Tel: 020 7588 2828 / 020 7742 4000

Michael Wentworth-Stanley