CONNECTED MINERALS LIMITED — Capital/Financing Update 2006

Dec 5, 2006

ACCLAIM EXPLORATION N.L.

ABN 99 009 076 233

06 December2006

Companies Announcements Office Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

Denny Dalton - Market Update

The company is pleased to announce that RC Drilling has commenced on farm Tusschenby 411 at Denny Dalton. This drilling programme forms part of the company's strategy to test the Mozan Contact Reef (MCR) using RC Drilling techniques. Diamond Drilling is continuing and updates will be released as they become available.

A Caracle Creek International Consulting Group (CCIC) geologist is on site and will be supervising the RC program.

This update forms part of Acclaim Exploration ongoing commitment to the progression of the Denny Dalton Uranium/Gold Project in the Republic of South Africa.

Yours faithfully

Neville J Bassett Secretary