RAMELIUS RESOURCES LIMITED — Capital/Financing Update 2011

Nov 2, 2011

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MARKET RELEASE

3 November 2011

RAMELIUS RESOURCES LIMITED

TRADING HALT

The securities of Ramelius Resources Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 7 November 2011 or when the announcement is released to the market.

Security Code: RMS

Justin Nelson Manager, Listings (Adelaide)

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3 November 2011 For Immediate Release

Mr Justin Nelson Manager Companies Australian Securities Exchange Limited 91 King William Street Adelaide SA 5000

Dear Sir

REQUEST FOR TRADING HALT: RMS

The directors of Ramelius Resources Limited request ASX grant an immediate trading halt to the company’s securities ASX code RMS pending an announcement regarding a capital raising.

The Directors confirm that there are no reasons as to why this should not be granted by ASX.

Yours faithfully

Dom Francese Company Secretary