EV RESOURCES LTD — Regulatory Filings 2007

Nov 21, 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

22 November 2007

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

Dear Sir/Madam,

Richfield Group Limited - Update on Share Option rights issue

Richfield Group Limited (ASX:RCH) announced today the successful completion of its Share Option rights issue.

Applications from around 185 shareholders were received for \$158,179.72 in application funds and after the underwriter took up the remaining 379,781,223 options, the total funds received were \$534,176.01. The purchase price of the Richfield Group Ltd options was \$0.001 per option.

The Chairman of Richfield Group Ltd, Steven Pynt thanked the shareholders for participating in the Option Plan. The funds raised will be used to fund working capital.

On 28 November 2007, Richfield Group will allot approximately 534 million options to around 186 shareholders. Confirmation and refund cheques will be posted to shareholders on approximately 29 November 2007. When the options are exercised they will result in the creation of shares which will rank equally with existing ordinary shares.

If shareholders have any questions about the Option Plan or their application they should telephone the Richfield Group share registry on 08 9323 2000.

Yours faithfully

JANE WILDER COMPANY SECRETARY