RAIDEN RESOURCES LIMITED — Capital/Financing Update 2011

Dec 18, 2011

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SVC Group Limited

ACN 009 161 522

Level 9, 5 Hunter Street Sydney, NSW 2000

Company Announcements Supervision Australian Securities Exchange 20 Bond Street Sydney NSW 2000

19[th] December 2011

Attention: Companies Officer

Regarding: Update on Capital Raising

The offer of securities under the Company’s Replacement Prospectus dated 21[st] October 2011 has met with difficult market conditions, regardless the board is confident that a successful capital raising will be completed in the first quarter of 2012.

The current offer will remain in place pending certain discussions with cornerstone investors. The board will consider wether a supplementary prospectus or a new prospectus may be required, and inform the market accordingly. A decision will be made closer to the expiry of the current prospectus in January.

Yours faithfully,

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Richard Pritchard Director SVC Group Limited