Director/PDMR Shareholding

Scotgold Resources Limited

("Scotgold" or the "Company")

Director/PDMR Shareholding

Scotgold announces that it has received notice from Mr Richard Harris, Non-Executive Director of the Company, that, following the share placing and admission of new shares on 7 May 2015, his unchanged interest of 42,999,999 ordinary shares in the Company now represents 3.79% of the enlarged issued share capital.

Enquiries to:

United Kingdom:

Scotgold Resources Limited Westhouse Securities Limited Capital Markets Consultants Vicarage Capital Limited

Richard Gray

Chief Executive Officer Martin Davison Simon Rothschild Rupert Williams

Tel: +44 (0)7905 884 021 Tel: +44 (0)20 7601 6100 Tel +44 (0)7703 167 065 Tel +44(0) 20 3651 2911