HAWTHORN RESOURCES LIMITED — Capital/Financing Update 2012

Dec 20, 2012

ABN 44 009 157 439

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Level 2, 90 William St Melbourne Victoria 3000 Australia

21 December 2012

Telephone: +61 3 9605 5950 Facsimile: +61 3 9605 5999 Email: info@hawthornresources.com Website : www.hawthornresources.com

MARKET ANNOUNCEMENTS OFFICE ASX LIMITED

Hawthorn Resources Limited (“HAW”) CANCELLATION OF NON-QUOTED OPTIONS

By agreement between the holders of non-quoted options:

Code	Number		Expiry Date	Exercise Price
HAWAM	10,000,000	25	January 2018	$0.10
HAWAI	2,500,000	30	June 2018	$0.10

and the Company it has been agreed that the options be cancelled with immediate effect for Nil consideration.

END

For further information contact:

Mourice Garbutt, Company Secretary Hawthorn Resources Limited + 613 9605 5917