TIDMNGL 
 
RNS Number : 3490V 
Norseman Gold PLC 
01 November 2010 
 

 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                   | 
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|                                             |                                     | 
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| 1. Identity of the issuer or the underlying | Norseman Gold PLC GB00B2N7FW85      | 
| issuer                                      |                                     | 
| of existing shares to which voting rights   |                                     | 
| are                                         |                                     | 
| attached: ii                                |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):         | 
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| An acquisition or disposal of voting rights                              |  yes   | 
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| An acquisition or disposal of qualifying financial instruments which may |        | 
| result in the acquisition of shares already issued to which voting       |        | 
| rights are attached                                                      |        | 
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| An acquisition or disposal of instruments with similar economic effect   |        | 
| to qualifying financial instruments                                      |        | 
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| An event changing the breakdown of voting rights                         |        | 
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| Other (please  |                                                         |        | 
| specify):      |                                                         |        | 
+----------------+---------------------------------------------------------+--------+ 
| 3. Full name of person(s) subject   | Mr J D Slater and Family                    | 
| to the                              |                                             | 
| notification obligation: iii        |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 4. Full name of shareholder(s)      |                                             | 
|  (if different from 3.):iv          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 5. Date of the transaction and date | 28 October 2010                             | 
| on                                  |                                             | 
| which the threshold is crossed or   |                                             | 
| reached: v                          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 6. Date on which issuer notified:   | 29 October 2010                             | 
+-------------------------------------+---------------------------------------------+ 
| 7. Threshold(s) that is/are crossed | 5%                                          | 
| or                                  |                                             | 
| reached: vi, vii                    |                                             | 
+-------------------------------------+---------------------------------------------+ 
|                |                    |  |    |                            |        | 
+----------------+--------------------+--+----+----------------------------+--------+ 
 
+--------------+-----------------+----+------+----------+----+--+----------------------+-+------+-----+----------+--------+---------------------+----+--+------------+ 
| 8. Notified details:                                                                                                                                               | 
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| A: Voting rights attached to shares viii, ix                                                                                                                       | 
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| Class/type   | Situation previous                             | Resulting situation after the triggering transaction                                               | 
| of           | to the triggering                              |                                                                                                    | 
| shares       | transaction                                    |                                                                                                    | 
| if possible  |                                                |                                                                                                    | 
| using        |                                                |                                                                                                    | 
| the ISIN     |                                                |                                                                                                    | 
| CODE         |                                                |                                                                                                    | 
+              +------------------------------------------------+----------------------------------------------------------------------------------------------------+ 
|              | Number                      | Number           | Number                 | Number of             | % of  voting rights                               | 
|              | of                          | of               | of shares              | voting                | x                                                 | 
|              | Shares                      | Voting           |                        | rights                |                                                   | 
|              |                             | Rights           |                        |                       |                                                   | 
+              +                             +                  +------------------------+-----------------------+---------------------------------------------------+ 
|              |                             |                  | Direct                 | Direct xi  | Indirect | Direct                            | Indirect      | 
|              |                             |                  |                        |            | xii      |                                   |               | 
+--------------+-----------------------------+------------------+------------------------+------------+----------+-----------------------------------+---------------+ 
| GB00B2N7FW85 | 9,801,116                   | 9,801,116        | 10,035,848             | 10,035,848 |          | 5.08%                             |               | 
+--------------+                             +                  +                        +            +          +                                   +               + 
|              |                             |                  |                        |            |          |                                   |               | 
+--------------+-----------------------------+------------------+------------------------+------------+----------+-----------------------------------+---------------+ 
|                                                                                                                                                                    | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                                                | 
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| Resulting situation after the triggering transaction                                                                                                               | 
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| Type of financial                   | Expiration      | Exercise/                             | Number of voting                              | % of voting        | 
| instrument                          | date xiii       | Conversion Period                     | rights that may be                            | rights             | 
|                                     |                 | xiv                                   | acquired if the                               |                    | 
|                                     |                 |                                       | instrument is                                 |                    | 
|                                     |                 |                                       | exercised/                                    |                    | 
|                                     |                 |                                       | converted.                                    |                    | 
+-------------------------------------+-----------------+---------------------------------------+-----------------------------------------------+--------------------+ 
|                                     |                 |                                       |                                               |                    | 
+-------------------------------------+-----------------+---------------------------------------+-----------------------------------------------+--------------------+ 
|                                                                                                                                                                    | 
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                                                  | 
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| Resulting situation after the triggering transaction                                                                                                               | 
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| Type of financial              | Exercise  | Expiration    | Exercise/                 | Number of voting               | % of voting rights                       | 
| instrument                     | price     | date xvii     | Conversion                | rights instrument              | xix, xx                                  | 
|                                |           |               | period                    | refers to                      |                                          | 
|                                |           |               | xviii                     |                                |                                          | 
+--------------------------------+-----------+---------------+---------------------------+--------------------------------+------------------------------------------+ 
|                                |           |               |                           |                                | Nominal                     | Delta      | 
|                                |           |               |                           |                                |                             |            | 
+                                +           +               +                           +                                +-----------------------------+------------+ 
|                                |           |               |                           |                                |                             |            | 
+--------------------------------+-----------+---------------+---------------------------+--------------------------------+-----------------------------+------------+ 
|                                                                                                                                                                    | 
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| Total (A+B+C)                                                                                                                                                      | 
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| Number of voting rights                                                              | Percentage of voting rights                                                 | 
+--------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+ 
| 10,035,848                                                                           | 5.08                                                                        | 
+--------------------------------------------------------------------------------------+-----------------------------------------------------------------------------+ 
|              |                 |    |      |          |    |  |                      | |      |     |          |        |                     |    |  |            | 
+--------------+-----------------+----+------+----------+----+--+----------------------+-+------+-----+----------+--------+---------------------+----+--+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| Proxy Voting:                                                                   | 
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| 10. Name of the proxy holder:                    |                              | 
+--------------------------------------------------+------------------------------+ 
| 11. Number of voting rights proxy holder will    |                              | 
| cease                                            |                              | 
| to hold:                                         |                              | 
+--------------------------------------------------+------------------------------+ 
| 12. Date on which proxy holder will cease to     |                              | 
| hold                                             |                              | 
| voting rights:                                   |                              | 
+--------------------------------------------------+------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| 13. Additional information:          |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    | Mark Collingbourne                       | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        | 01620 810 168                            | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
+-------------------------------------+--------------------------------------+ 
| Note: Annex should only be submitted to the FSA not the issuer             | 
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| Annex: Notification of major interests in share                            | 
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|                                                                            | 
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| A: Identity of the persons or legal entity subject to the notification     | 
| obligation                                                                 | 
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| Full name                           |                                      | 
| (including legal form of legal      |                                      | 
| entities)                           |                                      | 
|                                     |                                      | 
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| Contact address                     |                                      | 
| (registered office for legal        |                                      | 
| entities)                           |                                      | 
|                                     |                                      | 
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| Phone number & email                |                                      | 
|                                     |                                      | 
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| Other useful information            |                                      | 
| (at least legal representative for  |                                      | 
| legal persons)                      |                                      | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
|                                     |                                      | 
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| B: Identity of the notifier, if applicable                                 | 
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| Full name                           |                                      | 
|                                     |                                      | 
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| Contact address                     |                                      | 
|                                     |                                      | 
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| Phone number & email                |                                      | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
| Other useful information            |                                      | 
| (e.g. functional relationship with  |                                      | 
| the person or legal entity subject  |                                      | 
| to the notification obligation)     |                                      | 
+-------------------------------------+--------------------------------------+ 
|                                                                            | 
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| C: Additional information                                                  | 
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|                                                                            | 
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| For notes on how to complete form TR-1 please see the FSA website.         | 
+-------------------------------------+--------------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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