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PTR MINERALS LTD Capital/Financing Update 2007

Apr 11, 2007

65621_rns_2007-04-11_a6f454e2-c46b-4a64-9554-97fea0c4ea0d.pdf

Capital/Financing Update

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MARKET RELEASE

12 April 2007

PETRATHERM LIMITED

TRADING HAIT

The securities of Petratherm Limited (the "Company") will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Monday, 16 April 2007 or when the announcement is released to the market

Security Code: PTR

Manàger, Issuers (Adelaide)

Petratherm Ltd

105-106 Greenhill Road, Unley, South Australia 5061 Tel: +61 8 8274 5000 Fax: +61 8 8366 6056 Website www.petratherm.com.au Email [email protected] A.C.N. 106 806 884

12 April 2007

Mr J Nelson Manager, Issuers (Adelaide) ASX Limited Level I 89 King William Street ADELAIDE SA 5000

Dear Justin,

TRADING HALT REQUEST

Petratherm Ltd formally requests that you grant a trading halt on the entity's securities and in accordance with ASX Listing Rule 17.1 the following information is provided.

The Company intends to undertake a placement of shares. The trading halt is requested to allow the placement to be completed.

The Company further requests that the trading halt be granted for the maximum allowable period permissible under ASX's market rules.

The Company is not aware of any reason why the trading halt should not be granted.

Yours sincerely,

à.

Vendo Aughens

DONALD STEPHENS COMPANY SECRETARY