GREENWING RESOURCES LTD — Capital/Financing Update 2005

Oct 17, 2005

MARKET RELEASE

17 October 2005

Resource Finance and Investments Limited

PRE-QUOTATION DISCLOSURE

Resource Finance and Investments Limited was admitted to the Official List of Australian Stock Exchange Limited on Monday, 17 October 2005.

Official Quotation of the following securities will commence at 12.00 pm E.S.T. (10.00 am W.S.T.) on Thursday, 20 October 2005.

The following information is released as pre-quotation disclosure.

• $\mathbf{1}$ . Distribution schedule - Appendix 1A, paragraph 48.
• $2.$ Top 20 holders.
• $3.$ Updated pro forma statement of financial position.
• Updated statement of commitments. $\overline{4}$ .
• $\overline{\mathsf{S}}$ . Full terms & conditions of unlisted options.
• Full terms & conditions of employee share option plan. 6.
• Update on the impact of IFRS. $7₁$
• Confirmation of issue of shares to Geoinformatics Exploration 8. Tasmania Pty Limited and Pioneer Nickel Limited
• Number and escrow period of restricted securities. 9.

Security Codes: RFI RFIO

/ 1 Beech De

Nicholas Ong Adviser, Issuers (Perth)

s:\perth companies\per-unlisted\resource finance\rfi2005.10.17pqdmr-no.doc

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