ASX Announcement

27 February 2015 01

ADDITIONAL APPOINTMENT TO THE BOARD OF DIRECTORS

Resolute Mining Limited (ASX: RSG, "Resolute") is pleased to announce the appointment of Mr John Welborn as a non-executive director effective today. An Appendix 3X is attached.

Mr Welborn is a Chartered Accountant and highly respected senior executive and company director with extensive experience in the resources, finance and investment banking industries. He was previously the Head of Specialised Lending in Western Australia for Investec Bank (Australia) Ltd and is currently Managing Director and CEO of Equatorial Resources Limited. A former international rugby union player, Mr Welborn has more than 20 years of commercial experience in national and international leadership roles and was recently named by MiningMx as one of the 100 Most Influential People in Africa's Mining Industry.

Mr Welborn is a Fellow of the Institute of Chartered Accountants in Australia, a Fellow of the Australian Institute of Management, and holds membership of the Australian Institute of Mining and Metallurgy, the Financial Services Institute of Australasia, and the Australian Institute of Company Directors.

Resolute Chairman Peter Huston said, "With the addition of Mr Welborn to the Board we are fortunate to have attracted someone of his calibre who will bring with him extensive experience relevant to our business."

PETER SULLIVAN

Chief Executive Officer

About Resolute:

Resolute is an unhedged gold miner with two operating mines in Africa and Australia. The Company is one of the largest gold producers by volume listed on the ASX with FY15 guidance of 315,000 ounces of gold production at a cash cost of $890/oz. Resolute's flagship Syama project in Mali is on track for an increase in production to 270,000oz of gold a year following the recent addition of the oxide circuit to the processing plant. At its Ravenswood mine in Queensland Resolute is investigating a number of opportunities to add value by increasing gold production and lowering operating costs. In Ghana, the Company is now the owner and operator of the advanced Bibiani gold project where work is being undertaken on an underground feasibility study including a 25,000m drill program. The Company
controls an extensive footprint along the highly prospective Syama Shear and Greenstone Belts in Mali and Cote d'Ivoire. Resolute has also identified a number of highly promising exploration targets at its Ravenswood operations and holds a number of exploration projects in Tanzania surrounding its now completed Golden Pride mine.

Appendix 3X Initial Director's Interest Notice

Appendix 3X

Initial Director's Interest Notice

Rule 3.19A.1

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 RESOLUTE MINING LIMITED

ABN 39 097 088 689

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.

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

350,000 fully paid ordinary shares

200,000 convertible notes

+ 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 Note: Provide details of the circumstances giving rise to the relevant interest.

N/A

Number & class of Securities

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.

+ See chapter 19 for defined terms.

Appendix 3X Page 2 11/3/2002