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PERSEUS MINING LIMITED Capital/Financing Update 2009

May 28, 2009

46513_rns_2009-05-28_177d6622-4301-4636-8b72-2c12d676dd87.pdf

Capital/Financing Update

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==> picture [274 x 84] intentionally omitted <==

29 May 2009

The Manager ASX Ltd Level 4 20 Bridge Street Sydney, NSW 2000

Dear Sir

NON-RENOUNCEABLE ENTITLEMENT OFFER

Perseus Mining Limited confirms the dispatch of a prospectus to shareholders for the NonRenounceable Entitlement Offer referred to in the Company’s announcement dated 19 May 2009.

Yours faithfully

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Mark Calderwood Managing Director

Perseus Mining Limited ABN 27 106 808 986 30 Ledgar Road, Balcatta, Western Australia 6021 PO Box 717 Balcatta WA 6914 Telephone: (618) 9240 6344 Facsimile: (618) 9240 2406 Email address: [email protected] Website: www.perseusmining.com

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PERSEUS MINING LIMITED — Capital/Financing Update 2009

46513_rns_2009-05-28_177d6622-4301-4636-8b72-2c12d676dd87.pdf

NON-RENOUNCEABLE ENTITLEMENT OFFER

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PERSEUS MINING LIMITED Capital/Financing Update 2009