EXPIRY OF UNLISTED OPTIONS

SCOTGOLD RESOURCES LIMITED

EXPIRY OF UNLISTED OPTIONS

The company advises that 15,316,110 unlisted options exercisable at £0.045 expired on 7 June 2014.

For further information please contact:

United Kingdom:

Scotgold Resources Limited Westhouse Securities Limited Bankside Consultants

John Bentley (Chairman) Richard Baty / Martin Davison Simon Rothschild

Tel: +44 (0)77 8592 1505

Chris Sangster (CEO)

Tel: +44 (0)77 2562 9509 Tel: +44 (0)20 7601 6100 Tel +44 (0)7703 167 065

Australia:

Scotgold Resources Limited

Peter Newcomb

(Co. Secretary)

Tel: +61 (8) 9222 5850