KING RIVER RESOURCES LIMITED — Major Shareholding Notification 2007

Oct 2, 2007

Form 603

Corporations Act 2001 Section 671B

Notice of initial substantial holder

To Company Name/Scheme	Niplats Australia Limited 1989 - Jan James James Samuel (Maria La British
ACN/ARSN	100 714 181
1. Details of substantial holder (1) Name	Anthony Barton
ACN/ARSN (if applicable)
The holder became a substantial holder on	28/09/2007

2. Details of voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities $(4)$	Number of securities	Person's votes (5)	Voting Power $(6)$
Ordinary	.750,000	5.5%	5.5%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant	Nature of relevant interest (7)	Class and number of securities
AP & CH Barton atf Barton Director/Beneficiary/Shareholder Superannuation Fund		3,750,000 ordinary shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder $(8)$	Class and number of securities
N/A

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)		Class and securities	number	$\circ$ f
		Cash	Non-cash
AS ABOVE	28/9/2007	\$710,537		3,750,000

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

(if applicable) Name and $\Lambda$ $\sim$ ARS.	Nature association
N/f

7. Addresses

The addresses of persons named in this form are as follows:

Name
AS ABOVE	c/- PO Box Z5152 St Georges Tce Perth WA 6831

Signature

print name	Anthony/Barton		capacity Director
sign here		date	28 / 09 / 07