ASARA RESOURCES LIMITED — Share Issue/Capital Change 2007

Nov 19, 2007

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20 November 2007

The Manager Company Announcements Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

By electronic lodgement

Dear Sir/Madam

ISSUE OF 11,060,228 SHARES – SECONDARY TRADING NOTICE NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(e) OF THE CORPORATIONS ACT 2001 ("Act")

On 20 November 2007, Golden Rim Resources Limited (" Company ") issued 11,060,228 fully paid ordinary shares (" Shares ") at an issue price of $0.085 each.

Secondary Trading Exemption

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Shares noted above will fall within the exemption in section 708A(5) of the Act.

The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:

• (a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;

• (b) as at 20 November 2007 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and

• (c) as at 20 November 2007 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

Golden Rim Resources Ltd ABN 39 006 710 774

Head Office: Level 2, 10 Outram Street, West Perth, WA 6005, Australia Telephone: +61 8 9481 5758 Facsimile: +61 8 9481 5759 Email: info@goldenrim.com.au Website: www.goldenrim.com.au

• B. the rights and liabilities attaching to the securities.

Yours faithfully GOLDEN RIM RESOURCES LTD

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GILBERT RODGERS Company Secretary

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