Director/PDMR Shareholding

HIGHLAND GOLD MINING LIMITED - Director/PDMR Shareholding

18 JULY 2013

Highland Gold Mining Limited (the "Company")

Notification of Director's interest in shares

The Company was notified on 17 July 2013 of the acquisition on 16 July 2013 by parties connected with Eugene Shvidler, Non-Executive Chairman, of 3,620,064 ordinary shares of £0.001 per share in the Company at £0.60 pence per share.

As a result, Mr Shvidler with connected parties now has an interest of 40,853,660 ordinary shares of £0.001 per share in the Company, representing 12.56% of the issued share capital.

The issued share capital and total number of voting rights of the Company at 18 July 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: +7 495 424 95 21

Duncan Baxter, Non-executive Director: +44 (0)1534 814202

Numis Securities Limited: +44 20 7260 1000

Stuart Skinner/John Prior (Nominated Adviser)

James Black (Corporate Broking)