ORBMINCO LIMITED — Capital/Financing Update 2009

Nov 1, 2009

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2 November 2009

The Manager Announcements Company Announcements Office Australian Securities Exchange Limited Level 8, Exchange Plaza 2 The Esplanade PERTH WA 6000

Dear Sir/Madam

Re: Notice Given Under Section 708A(5)(e) of the Corporations Act

1. On 2 November 2009 Monaro Mining NL (“the Company”) allotted and issued 15,445,685 fully paid ordinary shares (“Shares”) in the capital of the Company at an issue price of 9 cents per share to institutional and sophisticated investors. The Placement was completed within the Company’s 15% share issue capacity pursuant to ASX Listing Rule 7.1.

2. The Company gives this notice pursuant to section 708A(5)(e) of the Corporations Act.

3. The Company issued the Shares above without disclosure to investors under Part 6D.2 of the Corporations Act.

4. The Company, as at the date of this notice, has complied with:

   • (i) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

   • (ii) section 674 of the Corporations Act.

5. As at the date of this notice, there is no excluded information, as defined in sections 708A(7) and 708A(8) of the Corporations Act, as at the date of this notice.

Yours faithfully

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Anne Adaley

Company Secretary