G-Resources Group Limited — Capital/Financing Update 2011

Dec 4, 2011

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

G-Resources Group Limited 國際資源集團有限公司 *****

(Incorporated in Bermuda with limited liability) (Stock Code: 1051)

ANNOUNCEMENT

G-RESOURCES SIGNS A US$100 MILLION STANDBY LOAN AGREEMENT

Hong Kong, 5 December 2011

G-Resources Group Limited (HKSE: 1051 – “G-Resources” or the “Company”) is pleased to announce that its Indonesian subsidiary PT Agincourt Resources has executed a US$100 million Revolving Credit Facility Agreement with BNP Paribas (“BNP”), Hang Seng Bank Limited (“Hang Seng Bank”) and Sumitomo Mitsui Banking Corporation (“SMBC”) (“Facility”). This Facility will be available for Martabe project completion if required and for general corporate purposes thereafter.

All three banks are Mandated Lead Arrangers. BNP is the Technical Bank, Hang Seng Bank is the Account Bank and SMBC is the Facility and Security Agent.

The revolving credit is a two and a half year Facility expiring on 30 June 2014. The initial interest rate is LIBOR plus 4.5%. It will be reduced to LIBOR plus 4% when the Martabe Project is completed and satisfies the completion tests as agreed with the banks. There are no mandatory hedging requirements. Standard financing conditions for a credit agreement of this type apply to the Facility.

G-Resources has arranged the standby Facility for project capital purposes if required - and for working capital and general corporate needs. The Company at end October had some US$242 million in cash and liquid assets and this is expected to be sufficient to see the Martabe gold and silver project into production and operating cash flow.

* For identification purpose only

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About Martabe

The Martabe project is located on the western side of the Indonesian island of Sumatra in the Province of North Sumatra, in the Batangtoru sub-district (Figures 1 and 2) . The project is established under a sixth generation COW which was signed in April 1997. The COW defines all of the terms, conditions and obligations of both G-Resources and the Government of Indonesia for the life of the COW.

Martabe, with a resource base of 7.86 million ounces of gold and 73.48 million ounces of silver, is G-Resources Group’s core starter asset, around which a globally competitive, Asia-Pacific focused gold company will be built. Martabe is targeting to commence production in the first quarter of 2012 at a rate of 250,000 ounces per annum of gold and 2-3 million ounces per annum of silver.

G-Resources is seeking to ultimately grow production to more than one million ounces of gold annually through exploration and development of the large and highly prospective COW area and through acquisition of other quality gold assets. The Martabe project enjoys the strong support of the Indonesian Central, Provincial and Local Governments and the nearby communities of Batangtoru.

By Order of the Board G-Resources Group Limited Peter Geoffrey Albert Chief Executive Officer

Hong Kong, 5 December 2011

As at the date of this announcement, the Board comprises:

• (i) Mr. Chiu Tao, Mr. Owen L Hegarty, Mr. Peter Geoffrey Albert, Mr. Ma Xiao, Mr. Wah Wang Kei, Jackie, Mr. Hui Richard Rui and Mr. Kwan Kam Hung, Jimmy as executive directors of the Company;

• (ii) Mr. Tsui Ching Hung as non-executive director of the Company; and

• (iii) Mr. Or Ching Fai, Ms. Ma Yin Fan and Mr. Leung Hoi Ying as independent non-executive directors of the Company.

For media or investor enquiries please contact:

Hong Kong: Melbourne, Australia: Mr. Richard Hui Mr. Owen Hegarty T. +852 3610 6700 T. +61 3 8644 1330 Mrs. Tracey Fanning Mrs. Murraya Nuzli T. +852 3610 6700 T. +61 3 8644 1330

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Figure 1. Martabe Project Location .

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Figure 2. Map of the Martabe site showing the relative locations of each deposit and infrastructure.

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