ACROW LIMITED — Capital/Financing Update 2013

Jun 10, 2013

11 June 2013

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Waiver from Listing Rule 6.24

Noble Mineral Resources Limited (ASX: NMG) advises that it has been granted a waiver from ASX Listing Rule 6.24 to the extent necessary to permit the Company not to send option expiry notices required by paragraph 6.1 of Appendix 6A, in relation to 69,012,233 options exercisable at $0.35 each on or before 21 July 2013 (ASX Code NMGOA).

Expiry of Options

Noble has on issue 69,012,233 options exercisable at $0.35 each on or before 21 July 2013 (NMGOA). The Options are quoted on ASX.

The basis for the application of the waiver was the differential between the current share price and the option exercise price. The Company’s shares are currently trading at $0.017 and have not exceeded 40% of the Option exercise price in the past 7 months. The Options are well out of the money and the likelihood of Option holders exercising the Options is remote and does not justify the cost of preparing and mailing out the notices. Consequently, the Company will not send out notices to the Option holders.

In accordance with Clause 6.1 of Appendix 6A and the conditions of the waiver, the Company provides the following information:

• 1. The number of Options to which this notice applies is 69,012,233;
• 1. The Options expire at 5.00 pm (WST) on Sunday, 21 July 2013;
• 1. The exercise price for each option is $0.35;
• 1. On exercise, each Option entitles the holder to receive 1 fully paid ordinary share in the capital of the Company;
• 1. If payment is not received by 5.00 pm (WST) on 21 July 2013, the Options will lapse and all rights under the Options will cease;
• 1. Quotation of the Options will cease at close of trading on Friday, 12 July 2013; and
• 1. The latest available market share price on the ASX as at the close of trading on 11 June 2013 was $0.017.

ENDS

Suite 3c, South Shore Centre 85 South Perth Esplanade South Perth, WA 6151

Telephone +61 (0)8 9474 6771 Facsimile +61 (0)8 9474 6772

Email admin@nobleminres.com.au Web www.nobleminres.com.au

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Contact

Noble:

Craig Dawson Managing Director/Chief Executive Officer Tel: +61 (0) 8 9474 6771 Email: admin@nobleminres.com.au

Erik Palmbachs Chief Financial Officer Tel: +61 (0) 8 9474 6771 Email: admin@nobleminres.com.au

Media:

Annette Ellis Cannings Purple Communications Tel: +61 (0) 8 6314 6300 Email: aellis@canningspurple.com.au

ASX Code: NMG www.nobleminres.com.au

Suite 3c, South Shore Centre 85 South Perth Esplanade South Perth, WA 6151

Telephone +61 (0)8 9474 6771 Facsimile +61 (0)8 9474 6772

Email admin@nobleminres.com.au Web www.nobleminres.com.au

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