CORE ENERGY MINERALS LTD — Earnings Release 2008

Dec 17, 2007

GLOBAL APPROACH LIMITED

ABN 27 009 118 861

18[th] December 2007

Company Announcement Office Australian Securities Exchange Limited Exchange Centre Level 4, 20 Bridge Street SYDNEY NSW 2000

Dear Sir

Re: 31 December 2007 ‐ Results

In accordance with Listing Rule 3.1, the Company advises that it expects to report a loss for the six months to 31 December 2007 of between $195,000 and $225,000 as opposed to a loss of $2,363,085 for the six months to 31 December 2006.

Please contact Mr Dean Gallegos on 0416 220 007 for further information.

Yours faithfully

Global Approach Limited

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Dean L Gallegos Chairman

Street Address: Level 5, 320 Adelaide Street, Brisbane QLD 4000 Ph: +61 7 3010 9341 Fax: +61 7 3010 9001