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FOCUS MINERALS LTD Capital/Financing Update 2008

Mar 6, 2008

64932_rns_2008-03-06_cd73b1a7-08ad-4410-9511-a682d0cc1cc2.pdf

Capital/Financing Update

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MARKET RELEASE

7 March 2008

Focus Minerals Limited

TRADING HALT

The securities of Focus Minerals Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Tuesday, 11 March 2008 or when the announcement is released to the market.

Security Code: FML

Jill Hewitt Adviser, Issuers (Perth)

6 March 2008

Attention: Mr Nicholas Ong

By fax-9221 2020 Email - [email protected]'

Issuers Adviser Australian Stock Exchange Limited Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

Dear Nicholas,

REQUEST FOR TRADING HALT

Following the announcement of the Company executing an agreement to acquire a 50% interest in the Coolgardie Gold Joint Venture (Announcement), the Company requests a halt in the trading of its securities as the Company is in the process of completing the capital raising referred to in the Announcement (Capital Raising).

The trading halt is expected to be lifted on the announcement of the successful completion of the Capital Raising.

The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely,

K JON GRYGORCEWICZ Company Secretary

Perth Office - Level 3, 105 St Georges Terrace, Perth, Western Australia 6000 P: 61 8 9215 7888 F: 61 8 9215 7889 W. www.focusminerals.com.au E: [email protected]

ACN 005 470 799