Holding(s) in Company

RNS Number:3808U
Highland Gold Mining Limited
19 January 2004



                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


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.

     N/A


6)   Percentage of issued Class

     N/A

7)   Number of shares/amount of stock disposed

     2,896,099

8)   Percentage of issued Class

     2.62%

9)   Class of security

     ORDINARY SHARES OF 0.1P


10)  Date of transaction

     3/12/03 - 2/1/04


11)  Date company informed

     6/1/04


12)  Total holding following this notification

     4,361,407

               
13)  Total percentage holding of issued class following this notification

     3.95%


14)  Any additional information

     PRICE PER SHARE:
     260P - 290P


15)  Name of contact and telephone number for queries

     DAVID YOUNGMAN
     WH IRELAND LIMITED
     0161 832 2174


16)  Name and signature of authorised company official responsible for 
     making this notification


     Date of Notification      19/1/2004


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

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