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Lachlan Star Limited Capital/Financing Update 2012

Mar 8, 2012

46929_rns_2012-03-08_ae3161cb-645d-4f04-b9c6-0e4524d80454.pdf

Capital/Financing Update

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MARKET RELEASE

9 March 2012

Lachlan Star Limited

TRADING HALT

The securities of Lachlan Star Limited (the "Company") will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Tuesday, 13 March 2012 or when the announcement is released to the market.

Security Code: LSA

Jill Hewitt Senior Adviser, Listings (Perth)

NO.331 P.2/2

ABN: 88 000 759 535

9 March 2012

Shannon Nicholson ASX Limited Level 8 The Esplanade Perth WA 6000

Dear Shannon

REQUEST FOR TRADING HALT

Lachlan Star Limited requests a trading halt of its securities pending an announcement regarding a capital raising.

The Company anticipates that an announcement will be made on the capital raising no later than prior to the commencement of trading on Monday, 12 March 2012.

The Company is not aware of any reason why the trading halt should not be granted.

Yours faithfully

RA Anderson Company Secretary