Director Shareholding

23 May 2005 11:18

Patagonia Gold PLC23 May 2005 Patagonia Gold Plc ("Patagonia Gold" or "the Company") DIRECTOR'S DEALINGS Patagonia Gold has today been notified that on Friday, 20 May 2005 WilliamHumphries, Managing Director of the Company, acquired in the market 625,000ordinary shares of 1p each in Patagonia Gold ("Shares"), representing 0.25 percent. of the Company's issued share capital, at a price of 6.75p per Share. As a result of this transaction Mr Humphries now has a beneficial interest in6,500,000 Shares, representing approximately 2.58 per cent. of the Company'sissued ordinary share capital. Contacts:Richard PrickettPatagonia Gold PlcTel: (020) 7409 7444 This information is provided by RNS The company news service from the London Stock Exchange