Change of Registrar

14 November 2011

Patagonia Gold Plc

("Patagonia Gold" or the "Company")

Change of Registrar

Patagonia Gold announces that it has appointed Computershare Investor Services PLC ("Computershare") as Registrars to the Company with immediate effect. From today, Computershare will be available to answer any shareholder enquiries in relation to shareholdings in the Company. Computershare's contact details are available on the Company's website and are set out below. Shareholders do not need to take any action at this time regarding the change of registrar.

Computershare contact details:

The Registrar

Computershare Investor Services PLC

The Pavilions

Bridgwater Road

BRISTOL BS99 6ZZ

United Kingdom

Tel: +44 (0) 870 702 0003

Enquiries:

Richard Prickett / Nigel Everest

Patagonia Gold Plc

Tel: +44 (0) 20 7409 7444

Simon Raggett / Angela Peace

Strand Hanson Limited

Tel: +44 (0) 20 7409 3494