Issue of Equity

HIDEFIELD GOLD PLC ISSUE OF EQUITY Hidefield Gold plc (the "Company") announces that it has today issued and allotted 776,960 ordinary shares of 1p each ("Ordinary Shares") at a price of 2p per share to certain Directors of the Company in lieu of their directors' fees. The number of shares issued and resultant holdings are detailed in the table below: Director Number of shares Resultant Percentage resultant holding issued holding Robert Ashley 308,880 694,880 0.25% Francis 343,080 2,029,080 0.73% Johnstone Sean McGrath 125,000 125,000 0.04% Of the resulting 694,880 shares held by Mr. Ashley, 589,880 shares are held in the name of Dewden Pty Limited and the remainder are held personally. Mr. Johnstone holds 1,500,000 shares in the name of Rock Capital Partners Limited and the remainder of his shareholding is held personally. Following the issue and allotment of the 776,960 new Ordinary Shares, there are 278,099,611 Ordinary Shares in issue. Application will be made for the 776,960 new Ordinary Shares to be admitted to AIM and it is expected that admission will occur on 8 October 2008. Enquiries: Hidefield Gold Plc Ken Judge, Chairman + 44 773 300 1002 Investor Relations Paul Ensor: London + 44 20 79762889 Jon Bey: North America + 1 800 689 2599 Hanson Westhouse Limited (Nomad) Tim Feather / Matthew Johnson + 44 113 246 2610 Landsbanki Securities (UK) Ltd (Broker) Tom Hulme + 44 20 7426 9000 ---END OF MESSAGE---