EV RESOURCES LTD — Regulatory Filings 2007

Dec 20, 2007

RICHFIELD GROUP LIMITED

ABN 66 009 144 503

SUITE 2, LEVEL 10, 3 SPRING STREET, SYDNEY NSW 2000 TELEPHONE: (+612) 9256 8888 FACSIMILE: (+612) 9256 8810 LISTED ON THE AUSTRALIAN STOCK EXCHANGE

21 December 2007

The Manager Company Announcements Office Australian Stock Exchange Limited Exchange Plaza 2 Esplanade PERTH WA 6000

Dear Sir/Madam,

Richfield Group Limited (ASX: RCH) ("the Company") is proceeding with due diligence on the acquisition of the Molybdenum and other metals project in Indonesia.

The Company has successfully engaged legal and technical advisers to confirm title and review geological data from previous exploration programmes carried out by Rio Tinto and Santos. Due to the quantity of information supplied the date for finalisation of due diligence has been extended to 30 January 2008.

It is now expected that a general meeting will be called in early February 2008 for a meeting date in early March 2008 to approve the transaction. This meeting will also seek approval for any other requirements to ensure the company has complied with Chapters 1 and 2 of the ASX Listing Rules.

Yours faithfully,

Luke Martino Company Secretary