ACROW LIMITED — Capital/Financing Update 2010

May 11, 2010

ANNOUNCEMENT

12 MAY 2010

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NOTICE PURSUANT TO ASIC CLASS ORDER 09/425

Noble Mineral Resources Limited (ACN 124 893 465) (ASX: NMG) ( Company ) hereby confirms that:

• (a) the Company will make offers to issue shares under a share purchase plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Corporations Act );

• (b) the Company provides this notice in accordance with ASIC Class Order 09/425;

• (c) as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company and section 674 of the Corporations Act;

• (d) as at the date of this notice, for the purposes of sections 708A(7) and 708A(8) of the Corporations Act, there is no information:

  • (i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • (ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • (A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • (B) the rights and liabilities attaching to the shares.

Authorised by:

Anthony Ho Company Secretary

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15 B owm an S tr eet , S out h P er t h, W es t er n A us tr ali a, 6151 PO B ox 1021, S out h P ert h, W es t er n A us tr ali a, 6951 T: ( 61- 8) 474 6771 F : ( 61- 8) 9474 6772 W: www. nobl emi nr es .c om . au