PROSPECT RESOURCES LIMITED — Major Shareholding Notification 2009

Dec 1, 2009

 Security Transfer Registrars Pty Ltd/ DA/DA           /  /

 ETHAN MINERALS LIMITED - FULLY PAID SHARES                     SPREAD & TOP  20 LISTING       SRSPTP    USER - SAMANTHA      Date - 30/11/09    Time - 12.48.00
 Page -    1                                                         *- CURRENT STATUS -*        *- AS AT:27/11/09 -*

1 *2 *3 *4 *5 *6 *7 *8910 *11 *121314 *151617181920 ** ALL	HOLDER NAME FITZGERALD K + GLANVILLEDUKETON CONSOLIDATED PLRIDGEBACK HLDGS PLANDERSON GRAHAM DOUGLASRIBTON DENIS + JENNYSMITH GRAEME JOHNDONCON JOHN ANTONYBRANDON PLPETER TREEN ELECTRICAL DIEIGHT PRECINCTAJ EM & SJ MITCHELL PLPETER DOHNT'S PERFORMANCETOTAL STRATEGY PLSMITH G J + LING I P HDRUMMOND BRUCEMCEVOY NOEL DAVID + S DBANKS CASSIE LEAHTHOMAS NANCY LEEGJ JOHNSON & CO PLSENSATIONAL NOM PL*** TOP 20 TOTAL ***HOLDERS INCLUDED	DESIGNATION ETHAN HLDGS A/C KUDU A/CS/F A/C OLDACRES A/C PETER TREENS EMP S S/F A/C ND MCEVOY S/F A/C THOMAS FAM A/C SENATIONAL A/C * - DENOTES MERGED H	UNITS 3,000,0003,000,0001,550,0001,500,0001,500,0001,500,0001,500,0001,345,8331,210,0001,000,0001,000,0001,000,0001,000,000950,000800,000750,000675,000666,667625,000 622,916	% OF ISSUED 4.92%4.92%2.54%2.46%2.46%2.46%2.46%2.21%1.99%1.64%1.64%1.64%1.64%1.56%1.31%1.23%1.11%1.09%1.03%1.02%41.33%	UNITS 3,000,0001,550,0001,500,0001,500,0001,500,0001,345,8331,210,0001,000,0001,000,000950,000800,000750,000675,000666,667625,000 622,916	% OF ISSUED5.61% 12.90% 22.81% 32.81% 42.81% 52.52% 72.26% 81.87% 91.87% 101.78% 111.50% 121.40% 131.26% 141.25% 151.17% 161.17% 17 34.99%
			25,195,416		18,695,416
			OLDER