HIF Hidefield Gld

    HIDEFIELD GOLD PLC                               

                              HOLDING IN COMPANY                               

The Directors of Hidefield Gold plc ("Hidefield" or the "Company") announce
that the Company has been notified that Hamilton Capital Partners Limited
("Hamilton"), a company with which Kenneth Judge, Chairman of the Company, is
associated, has acquired 5,000,000 ordinary shares of 1p each in the Company at
a price of 6p per share from BSG Investments Inc., a wholly owned subsidiary of
Brazilian Diamonds Limited ("Brazilian Diamonds") under the terms of an option
agreement which was announced on 26 January 2005.  Under the agreement,
Hamilton has the option to acquire a further 6,125,000 ordinary shares in the
Company at a price of 6p per share on or before 25 January 2008.

Following this transaction, Kenneth Judge, through Hamilton, is interested in
19,961,675 ordinary shares in the Company, representing 7.25 per cent. of the
issued share capital.  Brazilian Diamonds, through its subsidiary BSG
Investments Inc., is interested in 9,625,000 ordinary shares, representing 3.49
per cent. of the issued share capital.

 
Enquiries:

 

Hidefield Gold Plc                                                     
                                                                       
Ken Judge, Chairman                               + 44 773 300 1002    
                                                                       
Investor Relations                                + 44 20 7590 5503    
                                                                       
Paul Ensor                                                             
                                                                       
                                                                       
                                                                       
Hanson Westhouse Limited (Nomad)                  + 44 113 246 2610    
                                                                       
Tim Feather / Matthew Johnson                                          
                                                                       
                                                                       
                                                                       
Landsbanki Securities (UK) Ltd (Broker)           + 44 20 7426 9000    
                                                                       
Tom Hulme                                                              
                                                                       

 



END

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