PATERSON RESOURCES LTD — Major Shareholding Notification 2012

Oct 4, 2012

PO Box 3235, 256 Adelaide Terrace Perth Western Australia 6832

5 October 2012

Company Announcements Office ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

Dear Sir/Madam

Results of Iron Mountain Mining Limited (ACN 112 914 459) offer for shares in United Orogen Limited (ACN 115 593 005)

United Orogen Limited advises the following in relation to Iron Mountain Mining Limited’s offer for shares in United Orogen Limited:

1. At the close of the offer on 3 October 2012, Iron Mountain Mining Limited held 86,099,288 ordinary shares in United Orogen Limited, being 79.12% of the 108,825,946 total ordinary shares on issue.

Yours sincerely

On behalf of

UNITED OROGEN LIMITED

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Shoshanna Zohar Company Secretary