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EMERALD RESOURCES NL Regulatory Filings 2007

Feb 20, 2007

64849_rns_2007-02-20_383712ee-eb1b-4a19-bb61-5403f7b65690.pdf

Regulatory Filings

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

21 February 2007

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

SMALL SHARE PARCEL SALE FACILITY UPDATE

The Company has closed its Small Share Parcel Sale Facility with a total of 712,000 shares to be sold, representing 5,021 shareholders. Shares have been transferred out of each shareholder's account to facilitate the placement and sale of these shares to interested parties.

In mid February shareholders who took part in this facility will have received a statement showing that the shares have been transferred out of their respective accounts. Placement of these shares and remittance of proceeds to each shareholder will be finalised over the next few weeks.

For more information please contact John Hannaford or Morgan Barron on $+61894820510.$

Yours faithfully.

$_{-}$ $\alpha$ $\kappa$

JOHN HANNAFORD Executive Director - Finance