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ACCENT RESOURCES NL M&A Activity 2012

Jan 29, 2012

64294_rns_2012-01-29_0bf0f7a7-9659-4fe5-a0ef-637c8825730e.pdf

M&A Activity

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Suite 4, 29 Ord Street West Perth, WA 6005 Telephone: +61 8 9481 3006 Facsimile : +61 8 9481 3007 www.accentresources.com.au

Appointment of Corporate Advisor

Accent Resources Limited (“Accent”) (ASX: ACS) is pleased to advise that it has appointed Hartleys Limited as Corporate Adviser to assist it in assessing the takeover offer received from Xingang Resources (HK) Limited (“Xingang”) which was announced to the ASX on 20 January 2012.

Hartleys Limited (“Hartleys”) is an Australian based privately owned stockbroking company which is one of Australia’s most prominent and successful resource and energy M&A advisors, having completed or in the process of completing 7 merger or takeover transactions of or by ASX listed resource and energy companies since January 2011.

The Independent Directors of Accent (being each director of Accent that is not associated with Xingang) are considering the Xingang takeover offer with the assistance of Hartleys, and expect to send the Target’s Statement to Accent shareholders on Friday, 3 February 2012. In the meantime, the Independent Directors of Accent recommend that Accent shareholders continue to take no action in relation to their shares or the takeover offer at this time.

For further information contact :

Ian Hastings Executive Chairman Accent Resources NL Tel +61 3 8686 5792

Dale Bryan Director – Corporate Finance Hartleys Limited Tel +61 8 9268 2829