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EMERALD RESOURCES NL Capital/Financing Update 2007

Mar 13, 2007

64849_rns_2007-03-13_34130e1f-bf8c-411c-a10a-1a6e48cedccf.pdf

Capital/Financing Update

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Level 2, 16 Altona Street West Perth WA 6005 Ph: 08 9482 0500 Fx: 08 9482 0505 Email: [email protected]

14 March 2007

Centralised Company Announcements Platform Australian Stock Exchange 10th floor, 20 Bond Street Sydney NSW 2000

SMALL SHARE PARCEL SALE FACILITY COMPLETED

The Company is pleased to report that it has completed placement of 711,637 shares under the Small Share Parcel Sale Facility at a price of 13.0 cents each.

Cheques will be mailed to the 5,021 shareholders who participated in the facility this week.

Yours faithfully,

.a A

JOHN HANNAFORD Executive Director - Finance