KING RIVER RESOURCES LIMITED — Major Shareholding Notification 2007

Nov 1, 2007

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2 November 2007

To the Shareholders

NIPLATS AUSTRALIA LIMITED – TOP 50 SHAREHOLDRES

In light of the recent success of the Company and the significant volume of trading in the Company’s shares, NiPlats Australia Limited provides shareholders’ with an updated Top 50 shareholder list.

NiPlats Australia Limited

Richard Wolanski Director

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NIPLATS AUSTRALIA LIMITED ORDINARY SHARES

TOP 50 LISTING AS AT: 1/11/07

HOLDER NAME DESIGNATION 1 * MINERAL SECHLDGS PL 2 * BARTON A P + C H ANTHONY P BARTON P 3 * AUST HERITAGE GRP PL NEW CAP FUND A/C 4 * ZIMET RONALD 5 * AUST HERITAGE GRP PL AUST HERITAGE A/C 6 * BARTON ANTHONY P + C H BARTON S/F A/C 7 * AUST HERITAGE GRP PL AUST HERITAGE GP A 8 * L & E FISHER NOM PL 9 * CELTIC CAP PL CELTIC CAP A/C 10 * MULATO NOM PL 11 * HONDRIS JUSTIN 12 * GEMELLI NOM PL 13 * GDM SVCS PL 14 * JASPON HLDGS PL JOCK CLOUGH FAM A/ 15 * WARD OLIVER O 16 * BELL POTTER NOM LTD BB NOM A/C 17 * JARDEN CUSTS LTD 18 * WOLANSKI RICHARD 19 * WARNER ROSS 20 * GLENROSE NOM PL BRIAN O'MEARA S/F 21 KIRCHNER PAUL D + D J KIRCH PASTORAL S/F 22 JASPON HLDGS PL JOCK CLOUGH FAM A/ 23 GIANNAKOPOULOS A + A 24 * MULLOWAY PL 25 * AUST HERITAGE GRP PL STRATEGIC CAP FUND 26 * I HODGKINSON PL 27 ERMERSON HLDGS LTD 28 S & S LAUDER HLDGS PL S&S INV A/C 29 * ROGERS KENNETH ARNOLD 30 * HAWEA PL R BASHAM FAM S/F A 31 * EASTMAN HLDGS PL 32 BUJO PL 33 CHARUCKYJ LEONID + C M ZETA S/F AC 34 * ATHABASCA PL 35 * JBM NOM PL MCALWEY S/F A/C 36 * PATRIKEOS PJ + MA 37 * RALSTEN PL 38 SOUTHAM INV 2003 PL WARWICKSHIRE INV A 39 CHARUCKYJ LEONID + C M ZETA S/F A/C 40 * WHITFIELD W D + B H + GAR WHITFIELD S/F A/C 41 D H SLATYER PL 42 * CASEY WENDY 43 PETHOL VIC PL MACDY NO 5 S/F A/C 44 HERMAN ERNEST G + G F 45 * S & F NOM ISLE OF MAN LTD 46 GDM SVCS PL GDM SVCS A/C 47 CITICORP NOM PL 48 BLACK MICHAEL F + L R PE SUR SUPP CO STF 49 * COMSEC NOM PL 50 * KNOWLES ANDREW KNOWLES FAM A/C *** TOP 50 TOTAL ***	UNITS 30,000,000 2,400,000 1,951,875 1,591,000 1,422,270 1,350,000 1,273,367 1,000,000 850,000 850,000 731,249 503,499 500,000 500,000 500,000 400,000 375,000 350,000 325,000 300,000 300,000 295,971 290,000 275,500 251,875 250,000 250,000 245,000 230,000 225,000 220,000 207,519 201,560 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 191,600 185,400 175,000 174,258 160,000 53,701,943	% OF ISSUED
		44.12% 3.53% 2.87% 2.34% 2.09% 1.99% 1.87% 1.47% 1.25% 1.25% 1.08% 0.74% 0.74% 0.74% 0.74% 0.59% 0.55% 0.51% 0.48% 0.44% 0.44% 0.44% 0.43% 0.41% 0.37% 0.37% 0.37% 0.36% 0.34% 0.33% 0.32% 0.31% 0.30% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.28% 0.27% 0.26% 0.26% 0.24 % 78.97 %

** ALL HOLDERS INCLUDED * - DENOTES MERGED HOLDER

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