Holding(s) in Company

RNS Number:0369P
Highland Gold Mining Limited
26 August 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
HIGHLAND GOLD MINING LIMITED


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
POSAUNE LIMITED


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18
IN RESPECT OF THE SHAREHOLDER IN (2)


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
POSAUNE LIMITED


5)   Number of shares/amount of stock acquired.
1,167,318


6)   ( 1.05 %) of issued Class


7)   Number of shares/amount of stock disposed
N/A


8)   ( N/A %) of issued Class


9)   Class of security
ORDINARY SHARES OF 0.1P


10)  Date of transaction
19/12/02 - 50,000
1/8/03 - 1,117,318


11)  Date company informed
26/8/03


12)  Total holding following this notification
6,457,045

               
13)  Total percentage holding of issued class following this notification
5.84%


14)  Any additional information
PRICE PER SHARE:     50,000 @ #2.02
                  1,117,318 @ #1.79


15)  Name of contact and telephone number for queries
DAVID YOUNGMAN (W.H. IRELAND) 0161 832 2174


16)  Name and signature of authorised company official responsible for 
     making this notification
PETER JACKSON (W.H. IRELAND LIMITED)

     Date of Notification
26/8/2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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