ARUMA RESOURCES LIMITED — Capital/Financing Update 2011

Feb 21, 2011

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Aruma Resources Limited

ABN 77 141 335 364 ASX: AAJ

ASX ANNOUNCEMENT 22 February 2011

WORK PROGRAMMES AND AGREEMENTS FINALISED

Highlights

• Glandore Project

• Deferred Production Agreements finalised on 3 new mining lease applications

• Regional Projects

• Hyvista generated anomalies to be drilled on two leases

• PoWs submitted for Steeple Hill and Laverton East

Deferred Production Agreements

The Directors of Aruma Resources Limited (Aruma) (ASX:AAJ) are pleased to announce that the Company has finalised Deferred Production Agreements on three Mining Leases at Glandore. This will enable the Company to commence production when reserves are delineated. These were amicably negotiated with two native title parties. The native title party covering the eastern areas will be involved in a tour of all the Company’s leases when the area dries out from recent heavy rain in the goldfields.

Assays

There are some 720 assays to be finalised, and these are expected in the coming fortnight subject to further delays at the laboratories. Once these are received the next drilling program at Glandore can be planned to investigate the high grade anomalies

Programme of Works

The Company has submitted two Programme of Work (PoW) forms to the Department of Mines and Petroleum for approval. These are for drilling coincident Hyvista and geochemical anomalies at both Steeple Hill and Laverton East. Laverton East has a strong goethite anomaly Hyvista coincident with the rock chip gold anomalism in the main lease area (see figure 2 below), this will be investigated in some 500 augur/RAB sites to sample below the hardpan surface material on a 100m by 100m spacing.

Steeple Hill will be RAB drilled in 65 sites to Blade Refusal to investigate the possibility of mineralisation for both gold and base metal sulphides over Hyvista and magnetic/geochemical anomalies as shown in Figure 1. The area is sulphur rich and the ultramafic and magnetic targets are prospective for base metals.

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ 24 Colin Street, West Perth WA 6005, Australia I PO Box 2803, West Perth WA 6872, Australia T +61 8 9481 2425 I F +61 8 9481 1756 I W www.arumaresources.com

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ASX ANNOUNCEMENT 22 February 2011

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WORK PROGRAMMES AND AGREEMENTS FINALISED

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Figure 1 Steeple Hill lease with the Hyvista anomaly zones shown in the red ellipses.

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ 24 Colin Street, West Perth WA 6005, Australia I PO Box 2803, West Perth WA 6872, Australia T +61 8 9481 2425 I F +61 8 9481 1756 I W www.arumaresources.com

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ASX ANNOUNCEMENT 22 February 2011

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WORK PROGRAMMES AND AGREEMENTS FINALISED

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Figure 2 Laverton East Leases with the Hyvista goethite anomaly zone is shown in the red ellipse.

For further information please contact

Peter Schwann

Managing Director

Aruma Resources Limited

+61 894812425

info@arumaresources.com

The information in this release that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Peter Schwann who is a Fellow of the Australasian Institute of Mining and Metallurgy and Chartered Professional (Geology). Mr Schwann is an employee of the Company.

Mr Schwann has sufficient relevant experience to qualify as a Competent Person as defined in the JORC Code (2004) and consents to the inclusion of this information in the form and context in which it appears.

Aruma Resources Limited ABN 77 141 335 364 ASX: AAJ 24 Colin Street, West Perth WA 6005, Australia I PO Box 2803, West Perth WA 6872, Australia T +61 8 9481 2425 I F +61 8 9481 1756 I W www.arumaresources.com

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