Suspension on ASX

1 February 2012

Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining & Exploration

NORSEMAN GOLD PLC

('Norseman Gold' or 'the Company')

Suspension on ASX

Norseman Gold, the AIM-listed and ASX-listed Australian gold production and exploration company, announces that it has today requested and been granted a voluntary suspension of its shares from trading on the Australian Stock Exchange. The Company's shares have not been suspended from trading on AIM. Under ASX rules a trading halt can only last 48 hours and then the company must seek a suspension of its shares if the conditions which originally brought about the trading halt still apply.

As referred to in the announcement of 30 January, the Company had previously anticipated making an announcement with respect to its operations and corporate restructuring at Central Norseman Gold Company Ltd by today but now expects to do so by 6 February 2012.

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For further information visit www.norsemangoldplc.com or contact:

David Steinepreis Norseman Gold Plc. Tel: +44 (0) 7913402727

Barry Cahill Norseman Gold Plc. Tel: +61 (0) 8 9473 2200

William Vandyk / Rod Venables Northland Capital Partners Ltd Tel: 020 7796 8800

Guy Wilkes Ocean Equities Ltd Tel: 020 7786 4370

Susie Geliher / Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7236 1177

E-mail: [email protected]

Note to editors:

Norseman Gold plc is an AIM listed and ASX listed Australian gold production company, which acquired the Norseman Gold Project in May 2007, Australia's longest continually running gold operation. The Norseman Gold Project is located in the Eastern Goldfields of Western Australia in the highly prospective Norseman-Wiluna greenstone belt, 725km east of Perth and 186km from Kalgoorlie. The tenements cover a 2,360 sq km area centred on the Norseman Township.

Gold was first found on the Norseman field in 1894 and over the last 65 years, it has produced over 5.5 million ounces of gold. The mine is currently producing from two high-grade narrow-vein underground mines - the Bullen and Harlequin and developing the North Royal Open Pit. Currently, it has a total resource inventory of 3.4 million ounces of gold at an average grade of 4.7 g/t.