LINCOLN MINERALS LIMITED — Proxy Solicitation & Information Statement 2008

Jun 10, 2008

==> picture [483 x 54] intentionally omitted <==

==> picture [483 x 54] intentionally omitted <==

11 June 2008

The Manager ASX Announcements

Dear Sir,

Extraordinary General Meeting – 16 July 2008

We refer to the Notice of meeting that was lodged with ASX yesterday.

We have amended the Proxy Form from that which accompanied the Notice. The amended form which is attached will be the one sent out to shareholders.

In addition, due to an advice subsequently received by one of the nominated Directors, Mr George Y Filmeridis, a separate letter advising of his shareholding will also accompany the Notice, and it is attached hereto.

Yours truly,

==> picture [103 x 60] intentionally omitted <==

Peter E Cox Director and Company Secretary

==> picture [61 x 46] intentionally omitted <==

LINCOLN MINERALS LIMITED ABN 50 050 117 023

Lincoln Minerals Limited ABN 50 050 117 023

TO LODGE A PROXY FORM:

Computershare Investor Services Pty Limited GPO Box 242 Melbourne Victoria 3001 Australia Facsimile 61 8 8236 2305

000001 000 LML MR JOHN SMITH 1 FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

FOR ALL ENQUIRIES CALL:

(within Australia) 1300 365 998 (outside Australia) 61 3 9415 4611

FOR YOUR VOTE TO BE EFFECTIVE IT MUST BE RECEIVED BY 11.00AM 14 JULY 2008

YOUR SECURITYHOLDER INFORMATION IS AVAILABLE ONLINE, SIMPLY VISIT: www.investorcentre.com\au

I1234567890 3030

LODGEMENT OF A PROXY FORM.This Form (and any Power of Attorney under which it is signed) must be received at an address given above no later than 48 hours before the commencement of the meeting at 11.00am, 16 July 2008. Any Proxy Form received after that time will not be valid for the scheduled meeting.

LML_PROXY_114035/000001/000001/i

I/We being a member/s of Lincoln Minerals Limited hereby appoint

or failing the individual or body corporate named, or if no individual or body corporate is named, the Chairman of the Meeting, as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions (or if no directions have been given, as the proxy sees fit) at the Extraordinary General Meeting of Lincoln Minerals Limited to be held at The Ridings Room, Adelaide Oval, North Adelaide, South Australia 5006 Australia on 16 July 2008 at 11.00am and at any adjournment of that meeting.

1 Appointment of Mr Eng Hoe Lim

• 2 Appointment of Mr Freddy Kah Hong Chan

3 Appointment of Mr George Y Filmeridis

• 4 Removal of Mr Robert A Althoff

• 5 Removal of Mr Peter E Cox

• 6 Removal of any other Director appointed

The Chairman of the Meeting intends to vote undirected proxies against all items of business.

I1234567890

I 1234567890 I ND

000001 000 LML MR JOHN SMITH 1 FLAT 123 123 SAMPLE STREET THE SAMPLE HILL SAMPLE ESTATE SAMPLEVILLE VIC 3030

2 1 P R

L M L

==> picture [483 x 54] intentionally omitted <==

==> picture [483 x 54] intentionally omitted <==

11 June 2008

Dear Shareholder,

Addendum to Explanantory Memorandum

We refer to page 7 of the Explanatory Memorandum that forms part of the Notice of Extraordinary Meeting to be held on 16 July 2008.

Reference is made in the Explanatory Memorandum to the shareholding of Mr George Y Filmeridis and that as shown on the Share Register as at 10 June 2008 he does not apparently own any shares in the Company.

Mr Filmeridis has subsequently advised that he holds 224,787 shares through Citicorp Nominees Pty Ltd.

Yours truly,

==> picture [103 x 60] intentionally omitted <==

Peter E Cox Director and Company Secretary

==> picture [61 x 46] intentionally omitted <==