HAVILAH RESOURCES LIMITED — M&A Activity 2012

Jun 3, 2012

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HAVILAH RESOURCES NL ACN 077 435 520

COMPANY NOTICE - SUBSECTION 630(3) OF THE CORPORATIONS ACT 2001

NOTICE OF STATUS OF DEFEATING CONDITIONS

To: Curnamona Energy Limited ACN 112 712 115 ( Curnamona )

ASX Limited

This notice is given by Havilah Resources NL ACN 077 435 520 ( Havilah ) in relation to its off-market takeover offers dated 9 May 2012 for all the ordinary shares in Curnamona and all of the Listed Options in Curnamona ( Offers ) as set out in Havilah’s bidder’s statement dated 30 April 2012 ( Bidder’s Statement ).

This notice should be read together with the Bidder’s Statement. Terms used in this Notice have the same meaning as in the Bidder’s Statement.

NOTICE OF STATUS OF DEFEATING CONDITIONS

Free of all Defeating Conditions

Havilah gives notice, pursuant to section 630(3) of the Corporations Act, that as at the date of this notice the Offers are free of all Defeating Conditions set out in section 14 of the Bidder’s Statement, being more particularly:

1. minimum acceptance of 90%;

2. regulatory approvals;

3. no restraint adversely affecting the Offers;

4. conduct of Curnamona’s business;

5. exercise or cancellation of Curnamona’s Director Options;

6. no Prescribed Occurrence;

7. no Material Adverse Change; and

8. representations not untrue or incorrect.

Accordingly the Offers are free of all Defeating Conditions.

Havilah’s voting power in Curnamona

Havilah’s voting power in Geothermal at the time of giving this notice is 78.84%.

Dated 4 June 2012

Signed for and on behalf of Havilah Resources NL pursuant to a resolution of the directors of Havilah Resources NL

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KR Johnson. Chairman