KING RIVER RESOURCES LIMITED — Share Issue/Capital Change 2012

Oct 16, 2012

ASX ANNOUCEMENT 17[th] October 2012

This notice is given by Speewah Metals Limited (“Company”) under section 708A(5)(e) of the Corporations Act in relation to an issue of up to 32,900,000 fully paid ordinary shares (“Shares”) by the Company without disclosure to investors under Part 6D.2 of the Corporations Act, under the Company’s Share Purchase Plan announced to ASX on 5 October 2012.

The Shares will be issued pursuant to the exemption from disclosure given under ASIC Class Order CO 09/425.

As at the date of this notice, the Company has complied with:

1. the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

2. section 674 of the Corporations Act.

The Company confirms that, as at the date of this notice, there is no excluded information that:

1. has been excluded from a continuous disclosure notice given to ASX in accordance with the ASX Listing Rules; and

2. investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

   • (a) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; and

   • (b) the rights and liabilities attaching to the Shares.

to the extent to which it would be reasonable for investors and their professional advisers to expect to find such information in a disclosure document.

Greg Macmillan Company Secretary

==> picture [595 x 281] intentionally omitted <==