ORBMINCO LIMITED — Capital/Financing Update 2005

Sep 12, 2005

MONARO MINING NL

ABN: 99 073 155 781

13 September 2005

Tony Walsh Australian Stock Exchange Limited 2 The Esplanade PERTH WA 6000

Dear Tony

Monaro Mining Listing Application

We hereby confirm that 5,200,000 ordinary shares of 20 cents each paid to 0.1 cents in the capital of Monaro Mining NL have been escrowed for a period of 2 years from the date of listing.

Yours sincerely

Michael Evans Director

Tel: 08-9322-3076 Fax: 08-9322-5116 PO Box 1393, West Perth, WA 6872