ESTRELLA RESOURCES LIMITED — Capital/Financing Update 2014

Apr 28, 2014

Level 7, 15 Castlereagh Street, Sydney, 2000 New South Wales Australia T: +61 2 9993 4478

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www.estrellaresources.com.au Email: admin@estrellaresources.com.au

29 April 2014

Australian Securities Exchange

Company Announcements Platform

NOTICE UNDER ASIC CLASS ORDER [C0 09/425]

Estrella Resources Limited ( Estrella ) (ASX: ESR) announced to the ASX on 22 April 2014 that a Share Purchase Plan ( SPP ) would be offered to eligible shareholders. Estrella confirms that it has today dispatched offers to eligible shareholders under the SPP. The SPP Offer will open on 30 April 2014. The SPP will be offered in accordance with ASIC Class Order 09/425 ( Class Order ). This notice is given pursuant to the Class Order.

Estrella confirms that:

• 1. Estrella will offer up to 18,181,818 fully paid ordinary shares under the SPP. The offers under the SPP are to eligible shareholders (all ESR shareholders at the Record Date of 17 April 2014 with a registered address in Australia or New Zealand) to allow a shareholder to subscribe for up to $15,000 worth of ordinary shares under the SPP. The issue of shares under the SPP will be without disclosure under Part 6D.2 of the Corporations Act ( the Act );
• 1. This notice is being given in accordance with the Class Order;
• 1. As at the date of this notice, Estrella has complied with:

  • a) the provisions of Chapter 2M of the Act as they apply to Estrella; and

  • b) section 674 of the Act; and

• 1. As at the date of this notice, there is no information that is excluded information (in accordance with the requirements of subsections 708A(7) and (8) or subsections 1012DA(7) and (8) of the Act as if the notice were a notice under paragraph section 708A(5)(e) or 1012DA(5) which is required to be disclosed by Estrella.
• 1. As at the date of this notice, there is no information:

  • a. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • b. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

    • i. the assets and liabilities, financial position and performance, profits and losses and prospects of Estrella; or

    • ii. the rights and liabilities attaching to the shares for issue.

Yours faithfully,

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JUSTIN B CLYNE Company Secretary