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CHALICE MINING LIMITED Capital/Financing Update 2008

Mar 9, 2008

64649_rns_2008-03-09_d1b3afc0-87eb-4273-8221-8277cde65db0.pdf

Capital/Financing Update

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ABN 47 116 648 956

10 March 2008

Australian Securities Exchange

Dear Sirs

The Company advises that the correct number of fully paid ordinary shares to be released from escrow on 24 March 2008 is 8,547,263 (previously disclosed as 8,247,263 fully paid ordinary shares earlier today).

Yours faithfully

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RICHARD HACKER Company Secretary

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CHALICE MINING LIMITED — Capital/Financing Update 2008

64649_rns_2008-03-09_d1b3afc0-87eb-4273-8221-8277cde65db0.pdf

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CHALICE MINING LIMITED Capital/Financing Update 2008