MEC RESOURCES LIMITED — Capital/Financing Update 2007

Aug 16, 2007

==> picture [144 x 63] intentionally omitted <==

17[th] August 2007

Companies Announcements Office Australian Stock Exchange Limited 10[th] Floor, 20 Bond Street SYDNEY NSW 2000

Dear Shareholder

RE: EXTENSION OF SHAREHOLDER SHARE PURCHASE PLAN

In response to shareholder requests the directors have extended the closing date of the Shareholder Share Purchase Plan (SSPP) to 5.00 pm Western Standard Time 27[th] August 2007.

This date is indicative only. The company may vary the dates and times of the offer without notice.

The SSPP is an exclusive share offer made only to those shareholders registered as holders of fully paid ordinary shares in the Company at 5.00pm (WST) on 25[th] July 2007.

Eligible shareholders should contact the Company immediately if they have not received their Share Plan and Application Form and are wishing to subscribe for shares.

If you have any questions regarding the SSPP or how to deal with this Offer, please contact your professional adviser, MEC Resources Ltd’s share registry, Security Transfer Registrars on (08) 9315 2333 or MEC Resources Ltd on (08) 9328 8366.

Please submit your application as soon as possible to avoid disappointment.

Yours Sincerely

==> picture [120 x 44] intentionally omitted <==

David Breeze Managing Director

MEC Resources Ltd

ACN 113 900 020 PO Box 317, North Perth, WA 6906 14 View Street, North Perth 6006, Western Australia T: +61 8 9328 8477 F: +61 8 9328 8733

info@mecresources.com.au www.mecresources.com.au