Investor WARNING: HPS Corporation Ltd

We have been informed by shareholders that they have been approached by HPS Corporation Ltd purporting to offer gold or warrants to buy gold at US$425 per ounce. THIS IS A FRAUD. HPS Corporation are NOT an approved agent or associate of GB GLOBAL MINING AG.

HPS request that money is sent to Lloyds TSB Bank in Serrano, 90, 28006 Madrid, Spain; GB Global Mining AG does NOT have an account at this bank. Do not send any money this is a fraud.

If you are concerned about any telephone contact please contact GB GLOBAL MINING AG on:

• 0044 (0) 845 508 3483 or
• 0041 79 792 2994

Or call Tom Wilmot on Mobile 07967663990

GB Global Mining AG, a Swiss registered Company currently trading publicly on both the Frankfurt and Berlin Stock exchanges, is now creating the largest "in production" Gold mining and exploration Company in Ecuador. To achieve this, GBGM has acquired all of the assets of First Summit Exploration Limited (FSE), a private Canadian Exploration and Mining company, The assets, held within Makromines S.A., a wholly owned subsidiary of FSE include several concession licenses for the Mimopi concession project (Miranda, Miranda Alto, Montedesuca, Gabriella and Pilacella concessions) in the Portovelo-Zaruma region of the El Oro Province in Ecuador, plus the recent purchase of the Santa Fe Mining Company. In addition to the Mimopi Concession project, concession, mining and ore production rights, recently acquired through an agreement between First Summit Exploration Limited and Machala based Minera Del Pacifico Limited have created the opportunity for GB Global Mining AG to soon be recognized as the largest exploration and gold production Company in Ecuador. Most significant within these opportunities are the concession rights for Yellow River, the Muluncay epithermal gold project and the world renowned, historically documented, Vanderbilt family owned, American Shaft.