KGL RESOURCES LIMITED — Capital/Financing Update 2009

Jul 12, 2009

13 July 2009

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KENTOR GOLD LTD

ACN 082 658 080

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

Dear James,

Extension of Trading Suspension

I refer to our previous request for a trading suspension in order for the company to complete a capital raising. Kentor Gold Limited (ASX Code: KGL) requests an extension of the 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 however, final authorisations are still to be obtained from some parties.

• It is expected that the company will recommence trading by 10am, Tuesday 14[th] July 2009.

• Kentor Gold is not aware of any reason why the extension to the suspension 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