EV RESOURCES LTD — Interim / Quarterly Report 2015

Oct 30, 2014

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Quarterly Activity Report

For the period ending 30 September 2014

South East Asia Resources Limited (ASX: SXI ) (“the Company ”), is pleased to provide shareholders with this Quarterly Activities Report for the three (3) months ending 30 September 2014.

Corporate Matters

The Company announced completion a placement of 779,000 ordinary shares at $0.018 per share to raise $14,022 ( Placement ).

Projects Review

PT PAR COKING COAL PROJECT (INDONESIA)

Coal production for the first shipment has now been completed at the PAR area of the PAR BBA Mine in East Kalimantan.

Some delays have been experienced during the period in the shipping allocation as this coal forms part of a larger blended shipment from other East Kalimantan producers.

Finalisation of documents for the domestic off-take arrangements have been undertaken with the coking coal for steel mills to be barged from the port of Telen, which is 32 kilometres form the PAR Mine Coal.

Transportation by truck has commenced with product coal stockpiles now being prepared at Telen for conveyor barge loading. With the change in legislative requirements for export sales from 1 October for a CnC (Clean and Clear Certificate) these requirements are being progressed for future sales.

MALALA MOLYBDENUM PROJECT, SULAWESI, INDONESIA

The Company has over the period actively progressed discussions with major offshore groups with the view of developing this asset. In light of the substantial increase in Molybdenum it is the companies view now that this project is progressed utilising the technical resources within the Company’s Indonesian subsidiary PT UMES. A technical data room has been prepared and all exploration and engineering works consolidated into a single facility for this purpose. The reviews undertake during the period of this data fully supports world-class resources.

Utilising the Company’s Indonesian Lawyers and PT UMES, discussions with provincial Government and other officials concerning all licenses and administrative matters have progressed such that all licenses are being updated and IUP’s compliant. In addition all of the IUP holding companies are being consolidated to provide single ownership back to the Company through a wholly owned subsidiary company of SXI.

The Malala Project is located in the ToliToli Regency of Central Sulawesi Province, Indonesia, approximately 150km to the north of Palu. The total area forming the Malala Project is in excess of 240km2 spread across the five concessions all of which are located within 15km of the coast.

South East Asia Resources Limited ACN 009 144 503

311-313 Hay Street Subiaco, Western Australia 6008 T:+61 (0) 8 6489 0600F: +61 (0) 8 9388 3701 www.southeastasiaresources.com.au

About South East Asia Resources Limited

South East Asia Resources Limited is resources focused exploration company listed on the Australian Securities Exchange (ASX code: SXI) and Frankfurt Stock Exchange (FSE code: R1E), with a vision to find, prove and extract value from world-class resource projects in South East Asia.

Forward-looking statements

This announcement contains forward-looking statements, which involve a number of assumptions, risks and uncertainties. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and assumptions based on currently available information. Should one or more of the risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this announcement. No obligation is assumed to update forward-looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.

For further information on SEAE, please visit www.southeastasiaresources.com.au

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