HIGHFIELD RESOURCES LIMITED — Capital/Financing Update 2015

May 6, 2015

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MARKET RELEASE

7 May 2015

Highfield Resources Limited

TRADING HALT

The securities of Highfield Resources Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 11 May 2015 or when the announcement is released to the market.

Security Code: HFR

Jeremy Newman Adviser, Listings Compliance (Perth)

7 May 2015

Australian Securities Exchange Limited Exchange Plaza 2 The Esplanade PERTH WA 6000

Attention: James Rowe

Dear Mr Rowe

TRADING HALT REQUEST

The Directors of Highfield Resources Limited (ASX Code: HFR) hereby request a trading halt of the Company’s securities pending an announcement regarding a significant capital raising.

The Company requests the trading halt remain in place until the earlier of the commencement of trading on Monday, 11 May 2015, or such time as the Company is able to make the intended announcement.

The Company is not aware of any reason why the trading halt should not be granted.

Yours Faithfully

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Donald Stephens Company Secretary

Highfield Resources Ltd. ACN 153 918 257 ASX: HFR Issued Capital 252.0 million shares 51.5 million performance shares 43.5 million options

Registered Office Head Office Directors Company Secretary C/– HLB Mann Judd Avenida Carlos III, Derek Carter Donald Stephens 169 Fullarton Road 13 - 1°B, 31002 Richard Crookes Dulwich, SA 5065 Pamplona, Anthony Hall Australia Spain Owen Hegarty –––––––––––––––––– –––––––––––––––––– Pedro Rodriguez Tel: +61 8 8133 5098 Tel: +34 948 050 577 Fax: +61 8 8431 3502 Fax: +34 948 050 578