SOUTHERN HEMISPHERE MINING LIMITED — Board/Management Information 2012

Dec 4, 2012

NEWS RELEASE

December 5, 2012

SOUTHERN HEMISPHERE MINING LIMITED BOARD APPOINTMENT

International mining company Southern Hemisphere Mining Limited (ASX: SUH, TSX-V: SH) (“Southern Hemisphere” or the “Company”) is pleased to announce the appointment of Mr. Paul McRae, as nonexecutive director, effective December 1, 2012. Mr. McRae will serve as nominee director for Lundin Mining Corporation (TSX: LUN, OMX: LUMI) where he currently holds the position of Senior Vice President, Projects.

Mr. McRae has more than 35 years of international experience in engineering, construction and management roles in mining and other industrial projects. He has managed complex projects with capital exceeding $1 billion for both owners and contractors.

Commenting on the appointment Mr Trevor Tennant, Southern Hemisphere’s Managing Director, said

“the Board is pleased to welcome Mr. McRae as Lundin Mining’s nominee director. His appointment is a demonstration of the strategic alliance between Southern Hemisphere and Lundin Mining. Mr. McRae’s significant experience in project management will add greatly to the Board and the progress of the Llahuin Copper/Gold Project.”

-ENDS-

About Southern Hemisphere Mining Limited

Southern Hemisphere Mining Limited is listed on the Australian Stock Exchange (ASX Code “ SUH ”) and the Toronto Stock Exchange –Venture (TSXV Code “ SH ”). Southern Hemisphere has accumulated a diverse portfolio of assets in Chile, South America . The Company’s focus is the 100% owned Llahuin Copper/Gold Project where the objective is to build a bulk tonnage Copper/Gold operation . The Company also holds the 100% owned Chitigua Project , a 172 km[2 ] property located on the prestigious Western Fault which hosts Chile’s largest copper porphyry deposits. Further details on Southern Hemisphere can be found at www.shmining.com.au

For further information please contact:

Trevor Tennant – (Managing Director - Southern Hemisphere Mining) +56 (2) 474 5071 Media Enquiries – Nicholas Read (Read Corporate) +61 (8) 9388 1474 Media Enquiries – Clark Kent (Corporate Communications) +1 (416) 883 3838

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release. This News Release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.

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ASX: SUH TSX-V: SH www.shmining.com.au

AUSTRALIAN OFFICE Suite 7, 1200 Hay Street West Perth WA 6005 TEL: +61 8 9481 2122

CHILEAN OFFICE Minera Hemisferio Sur SCM Office 41, Zurich 255 Las Condes, Santiago TEL: +56 2 474 5071

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/9/2001.

Name of entity Southern Hemisphere Mining Limited

ARBN 140 494 784

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	PAUL MCRAE
Date of appointment	1 DECEMBER 2012

Part 1 - Director’s relevant interests in securities of which the director is the registered holder In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

Nil

• See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Number & class of Securities Note: Provide details of the circumstances giving rise to the relevant interest. Nil

Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

• See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002