Luxemburg, March 1, 2013 - Northland Resources S.A. (TSX: NAU, OSE:NAUR, Frankfurt: NPK, First North/Nasdaq: NAURo - "Northland" or "theCompany") hereby announces that a meeting of creditors in the Swedishsubsidiaries will be held today. During the meeting, the court-appointedadministrator will provide information regarding how the reconstructionhas progressed and how it will continue.The Company announced on February 8 and 12, 2013 respectively that itsSwedish subsidiaries had applied to the Luleå District Court to entercorporate reorganization. The District Court has ruled thatreconstruction may proceed and has appointed lawyer Lars Söderqvist asthe administrator for the companies Northland Resources AB (publ),Northland Sweden AB and Northland Logistics AB.The court-appointed administrator has announced a joint meeting ofcreditors in the above-named companies and this will be held today atthe Luleå District Court at 10.00 a.m. CET. At the meeting, theadministrator will provide information regarding how the reconstructionhas progressed, the conditions for reconstruction, and he will detailhow a reconstruction plan may be designed. During the meeting, creditorswill be entitled to express their opinion regarding whether or not thereconstruction should proceed. The District Court will then determinewhether the ongoing reconstruction should proceed or be discontinued.Following the conclusion of the meeting, the Company will publish apress release containing the central points in the decisions reached bythe creditors' meetings."Karl-Axel Waplan"President & CEO, Northland Resources S.A.For more information, please contact:Karl-Axel Waplan, President and CEO: +46 705 104 239Eva Kaijser, CFO, +46 709 320 901Anders Antonsson, Vice President - Investor Relations: +46 709 994 970