ARIKA RESOURCES LIMITED — Capital/Financing Update 2012

Feb 8, 2012

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Suite 6, 245 Churchill Ave. Subiaco WA 6008 Phone: +61 8 9217 3300 | Fax: +61 8 9388 3006 ACN 086 839 992

www.pldcorporation.com.au

9 February 2012 ASX Code: PLD

Pro-forma Capital Structure

Further to the Shareholder Update, a comparative table of changes in the capital structure of the Company as a consequence of the Reconstruction Capital Raising is set out below:

Shares	Number
Shares on issue pre-Consolidation	242,975,503
Shares on issue post-Consolidation(subject to rounding)
	24,297,641
Shares offered pursuant to the FirstPlacement
	120,000,000
Shares offered pursuant to the SecondPlacement
	170,000,000
Total Shares on issue post–Consolidation and after completionof the Offers
	314,297,641
Options	Number
Options on issue pre-Consolidation	18,348,517
Options on issue post-Consolidation2(subject to rounding)
	1,834,852
Options offered pursuant to the FirstPlacement1
	60,000,000
Options offered pursuant to the SecondPlacement
	Nil

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