KGL RESOURCES LIMITED — Capital/Financing Update 2009

Jul 7, 2009

8 July 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 Halt

Kentor Gold Limited (ASX Code: KGL) requests an immediate halt to trading in its shares.

For the purposes of listing rule 17.1, Kentor provides the following information:

• Kentor Gold is in the process of negotiating the terms of a capital raising and requires its shares to be halted from trade whilst the terms are determined.

• It is expected that the company will recommence trading by 10am, Friday 10 July 2009 unless an announcement on the outcome of the capital raising is made prior to this time.

• 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