Berkeley Energia Limited — Capital/Financing Update 2011

Jan 26, 2011

==> picture [275 x 78] intentionally omitted <==

Notice under Section 708A(5)(e) of the Corporations Act

27 January 2011

On Thursday 27 January 2011, Berkeley Resources Ltd ( Company ) issued 17,000,000 fully paid ordinary shares ( Shares ) to persons who come within one of the exemptions set out in section 708 of the Corporations Act.

The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act.

The shares were issued without disclosure to investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act.

The Company, as at the date of this notice, has complied with:

• (a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

• (b) Section 674 of the Corporations Act.

There is no excluded information for the purposes of Sections 708A(7) and (8) of the Corporations Act.

Yours faithfully

==> picture [139 x 45] intentionally omitted <==

Sam Middlemas Company Secretary Berkeley Resources Limited

ACN 052 468 569 Level 2, 91 Havelock Street, West Perth WA 6007 Tel: + 61 8 9214 7585, Fax: + 61 8 9214 7575 PO Box 534, West Perth WA 6872, Australia