19 January 2010 WESTHOUSE SECURITIES REPORTS SCOTGOLD RESOURCES AS A BUY RECOMMENDATION Westhouse Securtities, a leading London-based integrated corporate finance and broking house, has recently released a research note covering Scotgold Resources as a buy.

To view the full research note please on the link below. http://esp.gewru.com/download/files/12414/1054187/SGZ%201BUY%20recommendation%20Westhouse%208-01-10.pdf For further information please contact: Chris Sangster Chief Executive Officer Scotgold Resources Limited Tel: +44 (0) 77 25629509 E: W: www.scotgoldresources.com Karen Oswald Account Manager, Investor Relations Professional Public Relations Tel: 08 9388 0944 / 0423 602 353 E:
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