Lachlan Star Limited — Share Issue/Capital Change 2006

Mar 30, 2006

Toodyay Resources Ltd

Level 1 33 Ord Street West Perth, Western Australia 6005 Australia

Telephone: + 61 8 9420 9300 Facsimile: + 61 8 9481 2690

31 March 2006

Company Announcements Office Australian Stock Exchange Limited

By e-Lodgement

Dear Sir / Madam

SECURITIES ALLOTTED

The Directors advise that 290,000,000 shares and 30,000,000 unlisted options, pursuant to Prospectus, have been allotted.

The allotments are as per the Appendix 3B lodged on 6 March 2006.

Yours faithfully

G Geringen

Gary Steinepreis Director