KORAB RESOURCES LIMITED — Share Issue/Capital Change 2005

Aug 25, 2005

25^th August 2005

Australian Stock Exchange Exchange Plaza Perth WA 6000

ASX Imposed Escrow

Securities (class) Fully paid ordinary shares issued to unrelated parties escrowed for 12 months from date of issue	Date of Issue 31/03/2005	ivumder of securities 1,073,150
Fully paid ordinary shares issued to unrelated parties escrowed for 12 months from date of issue	19/04/2005	430,000
Fully paid ordinary shares issued to unrelated parties escrowed for 12 months from date of issue	22/04/2005	282,206
Fully paid ordinary shares issued to unrelated parties escrowed for 12 months from date of issue	31/08/2005	5,000,000
Fully paid ordinary shares issued to related parties escrowed for 24 months from the date of quotation	n/a	14,253,228

Voluntary Escrow

Securities (class)	Number of
Fully paid ordinary shares issued to unrelated parties	securities
escrowed for 6 months from date of quotation	2,793,738

Fully paid ordinary shares issued to unrelated parties 2,163,023 escrowed for 9 months from date of quotation

Fully paid ordinary shares issued to unrelated parties
escrowed for 12 months from date of quotation 2,163,023

KORAB RESOLUTCES LIMITED LEVEL 1, 89 ST. GEORGE'S TERRACE, PERTH 6000 WESTERN AUSTRALIA PO BOX Z 5447, ST, GEORGE'S TERRACE, PERTH WA 6831 Tel +61 8 9322 4553 Fax +61 8 9481 2200 www.korabresograps.com.au ABN 17 002 140 252