BULLETIN RESOURCES LIMITED — Capital/Financing Update 2012

Oct 29, 2012

30 October 2012

Manager - Company Announcements Office Australian Securities Exchange Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

By: e-lodgement (ASX code: BNR)

Dear Sir

NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT

On 30 October 2012, Bulletin Resources Limited (ASX: BNR) ( Company ) issued 8,481,555 fully paid ordinary shares in the capital of the Company ( Shares ) at an issue price $0.085 per share to raise approximately $720,000 (before issue related costs). These Shares were the subject of an Appendix 3B announcement to the Australian Securities Exchange also issued on 30 October 2012.

The Company gives notice pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) that:

1. the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and

2. as at the date of this notice, the Company 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; and

3. as at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

By order of the Board

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Susan Hunter Company Secretary