HELIX RESOURCES LIMITED — Share Issue/Capital Change 2011

Apr 27, 2011

==> picture [97 x 48] intentionally omitted <==

Helix Resources Limited

A.C.N. 009 138 738 Incorporated in Western Australia

28 April 2011

The Manager Company Announcements Office Australian Stock Exchange

BY ELECTRONIC LODGEMENT

Dear Sir

EXPIRY OF LISTED OPTIONS (ASX CODE: HLXOA)

Helix Resources Limited ( HLX ) confirms the impending expiry of 51,437,874 Listed Options ( HLXOA ) at 5:00pm WST on 31 May 2011 ( Expiry Date ).

In accordance with ASX Listing Rule 6.24, HLX provides the following information:

• (a) each Option entitles the Option holder to apply for one fully paid ordinary share in the capital of HLX;

• (b) the exercise price payable to exercise the Options by the Expiry Date is 5.08 cents per Option;

• (c) if the Options are not exercised prior to the Expiry Date, those Options will lapse and there is no further right or entitlement to those Options;

• (d) quotation of the Options on Australian Stock Exchange Limited (ASX) will end on 24 May 2011;

• (e) the last available closing price of the listed shares in HLX prior to the date of this letter was 11.5 cents;

• (f) the last available closing price of the Options prior to the date of this letter was 5 cents, with the last sale on 27 April 2011 of 430,000 Options at 5 cents;

• (g) the highest and lowest market sale price of HLX’s shares on ASX during the 3 months immediately preceding the date of this letter and the respective dates of those sales were: Highest: 15 cents on 27 January 2011 Lowest: 9.5 cents on 15 March 2011

• (h) the highest and lowest market sales price of HLX’s Options on ASX during the 3 months immediately preceding the date of this letter and the respective dates of those sales were: Highest: 9 cents on 25 January 2011 Lowest: 4.6 cents on 21 March 2011

HLX will be issuing Option expiry notices to individual Option holders in accordance with ASX Listing Rule 6.24 on 28 April 2011.

Yours sincerely

==> picture [102 x 32] intentionally omitted <==

Joneen McNamara Company Secretary

P.O. Box 825, West Perth, Western Australia 6872 Suite 7, 29 Ord 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