Highland Gold Announces Its Participation in the 2nd RenCap Securities New York Equity Conference on 8 October 2003


Highland Gold Mining Ltd ("Highland Gold") announced today that it would be participating in a conference entitled The Russian Recovery: The Opinion Makers, attended by representatives of the investment community. Speakers include Henry Kissinger, the former US Secretary of State, Mikail Gorbachev, the former President of the U.S.S.R and Arkadiy Dvorkovich, the Deputy Minister, Ministry of Economical Development and Trade of the Russian Federation. Peter Daresbury, Highland Gold’s Executive Chairman, will be making a presentation on Highland Gold’s plans and strategies which is scheduled to start at 12:30 p.m. (New York time). Copies of the Highland Gold presentation will be accessible through the “Presentations” link on Highland Gold’s website, www.highlandgold.com.

For further information:

Investor Relations: Christine Coignard +7 095 777 31 55
Media Relations: Mark Antelme +44 207 404 5959