HELIX RESOURCES LIMITED — Board/Management Information 2006

Jul 17, 2006

Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia

18th July 2006

Australian Stock Exchange Limited Via Electronic Lodgement

Dear Sirs

APPOINTMENT OF NON EXECUTIVE DIRECTOR

Further to our announcement Friday 14^th July, the Board wishes to announce the appointment of Mr Gordon Dunbar as a Non Executive Director.

GORDON JOHN DUNBAR BSc Hons, MSc, FAUSIMM (CP), FAIG.

Gordon is a consulting geologist with forty years experience in the Australian minerals industry managing project development, mineral exploration and evaluation programmes, mine geology, financial studies, production assessment and monitoring joint venture projects.

Gordon's experience includes exploration and mining geology roles at Kambalda with WMC, the evaluation of the Golden Grove base metal deposit in WA, the Chief Geologist at Rosebery Mine in Tasmania and management roles with BP Australia undertaking financial studies, monitoring the evaluation of the Olympic Dam deposit and as Exploration manager for BP Minerals.

Gordon formed his own consulting group in 1990 to provide advice on exploration, evaluation, mining geology, project assessment and pre-feasibility studies, particularly those involving gold, base metals and nickel. He has worked on projects within Australia and Internationally.

Gordon has since 1991, held executive positions with several listed and unlisted resource companies.

As detailed in the 14^th July announcement, Mr Rob Mosig resigns as a Director effective the appointment of Mr Dunbar.

Yours faithfully

P.O. Box 825, West Perth, Western Australia 6872 9 Richardson Street, West Perth, Western Australia 6005 Telephone +61 8 9321 2644, Facsimile +61 8 9321 3909, Email: helix@helix.net.au, Website: helix.net.au