HIGHFIELD RESOURCES LIMITED — Board/Management Information 2012

Nov 1, 2012

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ASX Release

2 November 2012

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HIGHFIELD RESOURCES LIMITED ACN 153 918 257

Level 1 33 Richardson Street West Perth WA Australia

Tel: +61 8 9200 4426 Fax: +61 8 9200 4469

Contact

Mr Anthony Hall Managing Director

E-mail info@highfieldresources. com.au

APPOINTMENT AND RESIGNATION OF DIRECTOR

DIRECTOR APPOINTMENT

The Board of Highfield Resources is pleased to announce the appointment of Scott Funston as a director of the Company. Mr Funston has been the joint company secretary of the Company since its inception and has been instrumental in the Company’s acquisition of the Navarra and Aragon potash projects.

Mr Funston is a chartered accountant with over 10 years experience in the mining industry and accounting profession. His expertise is in financial management and general corporate advice. Mr Funston is a director and company secretary of multiple ASX listed entities.

After reassessing his work commitments, Mark Arundell has resigned as a director of the Company effective 12 November 2012. Mr Arundell has indicated he would be pleased to remain a consultant to the Company on an ad hoc basis as it commences its development activities on the Navarra and Aragon potash projects.

Mr Arundell has made a significant contribution to the Company and was a founding Director. The board would like to thank him sincerely for all these efforts and wish him well in his future endeavours.

Anthony Hall Managing Director

ABOUT HIGHFIELD RESOURCES

Officeholders Derek Carter Anthony Hall Pedro Rodriguez Jonathan Murray Aaron Bertolatti Scott Funston

Issued Capital

93.5 million shares 100 million performance shares 10 million options

Highfield Resources is an ASX Listed potash company with three key projects located in Spain and Australia.

Highfield’s Navarra and Aragon potash projects are located in the Ebro potash producing basin in Northern Spain. The Navarra potash project includes a former operating mine with Highfield’s key objective being recommencing production from the mine. The Aragon potash project is located in two separate sub basins within 60 kilometres of the former operating mine. Highfield owns a 100% interest in the six granted tenements that comprise the two projects and cover around 430 km2.

Highfield’s McLarty potash project is located in the Canning Basin of northern Western Australia. The Canning Basin contains vast accumulations of Ordovician evaporite salt bearing sediments at relatively low depths underground that is considered prospective for economic potash mineralisation. The Company has entered into a farm in agreement to explore three granted tenements and may obtain an interest of up to 80% of the project.

ASX Code HFR

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