BHR.L Regulatory News (BHR)

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Beacon Hill Resources Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

ü

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Maria Dolores Quiroga Moreno, Maria Victoria Quiroga Moreno and Isidoro Quiroga Moreno

4. Full name of shareholder(s)  (if different from 3.):iv

Siverano Nominee Inc.

Latitude Zero Financial Investment Fund

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

30 June 2014

6. Date on which issuer notified:

30 October 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

18%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares

GB00B4WM8G33

242,885,514shares held

242,885,514 voting rights

242,885,514

242,885,514

10.10 %

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

1. Convertible loan agreement (GBP)

2. Convertible loan agreement (USD) (Tranche 1)

3. Warrant for shares

4. Convertible loan agreement (USD) (Tranche 2)

5. Warrant for shares

6. Convertible loan agreement (USD)

1. £0.055 (conversion price)

2. £0.04 (conversion price)

3. £0.04 per share

4. £0.04 (conversion price)

5.£0.04 per share

6. £0.0175 (conversion price)

1. 30 June 2015

2. 30 June 2015

3. 30 June 2015 or 10 business days after a takeover offer for Beacon Hill Resources Plc becomes or is declared unconditional, whichever is earlier

4. 30 June 2015

5. 30 June 2015 or 10 business days after a takeover offer for Beacon Hill Resources Plc becomes or is declared unconditional, whichever is earlier

6. 13 December 2016

1. 31 July 2012 to 30 June 2015

2. 12 November 2012 to 30 June 2015

3. 13 November 2012 to 30 June 2015 (or until 10 business days after a takeover offer for Beacon Hill Resources Plc becomes or is declared unconditional)

4. 7 December 2012 to 30 June 2015

5. 15 January 2013 to 30 June 2015 (or until 10 business days after a takeover offer for Beacon Hill Resources Plc becomes or is declared unconditional)

6. 13 December 2013 to 13 December 2016

1. 16,241,227

2. 31,050,100

3. 1,500,000

4. 31,050,100

5. 1,500,000

6. 116,895,227

Nominal

Delta

1. 0.68%

2. 1.29%

3. 0.06%

4. 1.29%

5. 0.06%

6. 4.86%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

242,885,514 + 16,241,227 + 31,050,100 + 1,500,000 + 31,050,100 + 1,500,000 + 116,895,227 = 441,122,168

10.10% + 0.68% + 1.29% + 0.06% + 1.29% + 0.06% + 4.86% = 18.34%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

- Maria Dolores Quiroga Moreno, Maria Victoria Quiroga Moreno and Isidoro Quiroga Moreno, the ultimate holders of the voting rights of Latitude Zero Financial Investment Fund (18.34%)

- Siverano Nominee Inc., the holder of the sole management share in Latitude Zero Financial Investment Fund on behalf of Maria Dolores Quiroga Moreno, Maria Victoria Quiroga Moreno and Isidoro Quiroga Moreno (18.34%)

- Latitude Zero Financial Investment Fund (18.34%)

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Stuart Mc Luckie

15. Contact telephone number:

+41 (22) 710 9176