Change of Adviser

SouthernEra Resources Limited 13 March 2003 News Release FOR IMMEDIATE RELEASE March 13, 2003 Shares Issued and Outstanding: 61,593,793 TSX: SUF AIM: SRE SouthernEra Announces Appointment of Williams de Broe as the Company's UK Nominated Advisor and Broker TORONTO, ONTARIO, The Board of SouthernEra Resources Limited announced today that Williams de Broe Plc has been appointed with immediate effect to act as nominated advisor and broker to SouthernEra Resources Limited, in respect of the Company's listing on the London Stock Exchange AIM market. SouthernEra is a Canadian public company with its primary listing on the Toronto Stock Exchange (TSX). In September 2002, the Company was admitted to the S&P/TSX Composite Index. The common shares of SouthernEra commenced trading on the AIM on August 13, 2002 and the Company is currently the fourth largest AIM listed company by market capitalization. SouthernEra is a platinum group metal (PGM) producer and an international diamond exploration and mining company. Its primary assets are located in the Bushveld Igneous Complex, South Africa. The Company's principal focus is on PGMs through the Messina Platinum Mine, a wholly owned subsidiary of Messina Limited, a South African company listed on the Johannesburg Securities Exchange (JSE). SouthernEra currently has a 70.91 percent controlling shareholding in Messina Limited. Other important assets within the Bushveld Igneous Complex include the operating Klipspringer Diamond Mine, in which SouthernEra has a 50 percent joint venture interest with Naka Diamond Mining (Pty) Limited, an affiliate black empowerment company of De Beers Consolidated Mines Limited and the recently acquired Millennium Platinum Project, located in the Mpumalanga Province. The Company continues to explore for both precious metals and diamonds and its current exploration projects are located in Canada, South Africa, Gabon and Australia. FOR FURTHER INFORMATION PLEASE CONTACT: SouthernEra Resources Limited Patrick C. Evans, President and CEO; or Dr. Sally Eyre, Vice President, Corporate Affairs Telephone: (416) 359-9282 Fax: (416) 359-9141 E-mail: inbox@southernera.com This information is provided by RNS The company news service from the London Stock Exchange
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