EV RESOURCES LTD — Regulatory Filings 2007

Nov 22, 2007

ASX PERTH

INVITILED 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

23 November 2007

Kerrie Papamihail Assistant Manager, Issuers Australian Stock Exchange Exchange Plaza 2 The Esplanade PERTH WA 6000

By Facsimile: (08) 9221 2020

Dear Kerrie.

PRICE AND VOLUME QUERY

I refer to your correspondence of 23 November 2007 concerning recent volume and value increases in respect of the Company's securities.

I advise as follows -

• 1. This Company is unaware of any information concerning it that has not been announced which, if known, could be an explanation for the trading in the securities that has occurred recently:
• 1. The Company has no knowledge of any circumstances which might explain this price change and increase in volume in the securities of the Company apart from its release made to the market on 22 November 2007 advising of the successful completion of its Share Option Rights Issue; and
• 1. There are no circumstances or activities in which the Company has any involvement which requires disclosure to the market at this time and the Company is in compliance with the listing rules and, in particular, listing rule 3.1.

Yours sincerely

MARK BALFOUR Director

23 November 2007

Mr Mark Balfour Director Richfield Group Limited Suite 2. Level 10 3 Spring Street SYDNEY NSW 2000

Facsimile: 02 9256 8810

ASX Limited ABN 98 008 624 691 Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

GPO Box 0187 Perth WA 6840

Telephone 61 08 9224 0032 Facsimile 61 (08) 9221 2020 Internet http://www.asx.com.au

Dear Mr Balfour

PRICE AND VOLUME QUERY

We have noted a change in the price of the Company's securities from 1.8 cents on 22 November 2007 to an intra day high of 2.9 cents today. ASX also notes the higher volumes of securities being traded.

In light of the price and volume change, please respond to each of the following questions.

• Is the Company aware of any information concerning it that has not been announced which, if known, $1.$ could be an explanation for recent trading in the securities of the Company?
• If the answer to question 1 is yes, can an announcement be made immediately? If not, why not and $2.$ when is it expected that an announcement will be made?

Please note, if the answer to question 1 is yes and an announcement cannot be made immediately, you need to contact us to discuss this and you need to consider a trading halt (see below).

• 1. Is there any other explanation that the Company may have for the price change and increase in volume in the securities of the Company?
• $\mathbf{4}$ Please confirm that the Company is in compliance with the listing rules and, in particular, listing rule 3.1.

Your response should be sent to me on facsimile number (08) 9221 2020. It should not be sent to the Company Announcements Office.

Unless the information is required immediately under listing rule 3.1, a response is requested as soon as possible and, in any event, not later than 1.30pm WST on Friday 23 November 2007.

The response must be in a form suitable for release to the market. If you have any concern about release of a response, please contact me immediately.

$\overline{\phantom{a}}$

Listing rule 3.1

Listing rule 3.1 requires an entity to give ASX immediately any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity's securities. The exceptions to this requirement are set out in the rule.

In responding to this letter you should consult listing rule 3.1 and the quidance note titled "Continuous disclosure: listing rule 3.1".

If the information requested by this letter is information required to be given to ASX under listing rule 3.1 your obligation is to disclose the information immediately.

Your responsibility under listing rule 3.1 is not confined to, or necessarily satisfied by, answering the questions set out in this letter.

Trading halt

If you are unable to respond by the time requested, or if the answer to question 1 is yes and an announcement cannot be made immediately, you should consider a request for a trading halt in the company's securities. As set out in listing rule 17.1 and the guidance note titled "Trading halts" we may grant a trading halt at your request. We may require the request to be in writing. We are not required to act on your request. You must tell us each of the following.

• The reasons for the trading halt. $\bullet$
• How long you want the trading halt to last. $\bullet$
• The event you expect to happen that will end the trading halt.
• That you are not aware of any reason why the trading halt should not be granted.
• Any other information necessary to inform the market about the trading halt, or that we ask for.

The trading halt cannot extend past the commencement of normal trading on the second day after the day on which it is granted. If a trading halt is requested and granted and you are still unable to reply to this letter before the commencement of trading, suspension from quotation would normally be imposed by us from the commencement of trading if not previously requested by you. The same applies if you have requested a trading halt because you are unable to release information to the market, and are still unable to do so before the commencement of trading.

If you have any queries regarding any of the above, please let me know.

Yours faithfully.

$\Omega \subset V$ Q $\Omega$

Kerrie Papamihail Assistant Manager, Issuers (Perth)