Joint Broker Appointment

6 July 2010

Highland Gold Mining Limited

Appointment of Joint Broker

Highland Gold Mining Limited ("Highland" or the "Company"), the AIM quoted Russian gold producer, announces that it has appointed Matrix Corporate Capital LLP as Joint Broker to the Company with immediate effect.

Enquiries:

Highland Gold Mining Limited 

Duncan Baxter, Chairman - +44 (0)1534 814 202

Dmitry Yakushkin, Head of Communications - +7 495 777 3155

Fin Public Relations

Alex Glover - +44 (0) 207 608 2280

J.P. Morgan Cazenove (Nominated Adviser and Joint Broker)

Michael Wentworth-Stanley, Managing Director - +44 (0) 207 588 2828

Matrix Corporate Capital (Joint Broker)

Robin Henshall, Partner, +44 (0) 203 206 7172

Alastair Stratton, Partner, +44 (0) 203 206 7204