GEOPACIFIC RESOURCES LTD — Capital/Financing Update 2009

Jul 5, 2009

==> picture [111 x 85] intentionally omitted <==

3 July 2009

Companies Announcements Office Australian Securities Exchange

Share Purchase Plan

Geopacific Resources NL (ASX code: GPR, or the Company) has today launched its Share Purchase Plan (SPP) which provides the opportunity for eligible GPR shareholders to purchase up to A$15,000 worth of GPR shares (the ‘Shares’) at a price of 4 cents per Share. Details of the SPP are contained in the letters of offer (the ‘Offer’) dated 29 June 2009 (and related personalised application forms) which are being mailed to eligible GPR shareholders today and which were released to ASX on 29 June 2009. The right to participate in the Offer is open to GPR shareholders whose registered address is in Australia or New Zealand and who were on the Company’s share register on the record date of 29 June 2009.

Secondary Trading Exemption

The Corporations Act (the ‘Act’) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under Section 708 or 708A of the Act. By the Company giving this notice, a sale of the Shares noted above will fall within the exemption in Section 708A(5) of the Act.

The Company hereby notifies ASX under Paragraph 708A(5)(e) of the Act that:

• a) the Company will issue the Shares without disclosure to investors under Part 6D.2 of the Act;

• b) as at the date of the Offer, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and Section 674 of the Act; and

• c) as at the date of the Offer there is no information:

• i) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

• ii) that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

• A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

• B. the rights and liabilities attaching to the Shares.

==> picture [91 x 76] intentionally omitted <==

Dr Ian Pringle Managing Director, GEOPACIFIC RESOURCES NL

Geopacific Resources NL ACN 003 208 393

info@geopacific.com.au www.geopacific.com.au

Australia – Sydney 556 Crown St (PO Box 477) Surry Hills NSW 2010 AUSTRALIA

T +61 2 9699 7311 F +61 2 9699 7322

Fiji – Nadi PO Box 9975 Nadi Airport Nadi FIJI

T +679 6 720 166 F +679 6 720 206