KGL RESOURCES LIMITED — Capital/Financing Update 2009

Sep 15, 2009

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MARKET RELEASE

16 September 2009

Kentor Gold Limited

SUSPENSION FROM OFFICIAL QUOTATION

The securities of Kentor Gold Limited (the “Company”) will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement by the Company.

Security Code: KGL

Kate Kidson Principal Adviser, Issuers (Melbourne)

16 September 2009

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KENTOR GOLD LTD

ACN 082 658 080

Kate Kidson Company Advisor – ASX Level 45, South Tower, Rialto, 525 Collins Street, Melbourne, VIC, 3000

Dear Kate,

Request for Trading Suspension

I refer to our previous request for a trading halt in order for the company to complete a capital raising. Kentor Gold Limited (ASX Code: KGL) now requests a suspension of trading in its securities.

For the purposes of listing rule 17.2, Kentor provides the following information:

• Kentor Gold is in the process of negotiating the terms of a share placement for the purposes of raising capital. The lead broker has requested an additional day to finalise the terms of the placement.

• It is expected that the company will recommence trading by 10am, Thursday 17[th] September 2009.

• Kentor Gold is not aware of any reason why the trading halt should not be granted.

Kylie Anderson Company Secretary

Registered Office Level 36 Riparian Plaza, 71 Eagle St Brisbane 4000 Phone: 61 (0) 7 3121 3206

Kyrgyz Republic Office 235/2 Erkindik Prospect, Bishkek Kyrgyz Republic 720739 Phone: +996 312 621 389

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www.kentorgold.com.au