RAMELIUS RESOURCES LIMITED — Share Issue/Capital Change 2011

Nov 15, 2011

16 November 2011 For Immediate Release

Notice under section 708A(5)(e) of the Corporations Act 2001

Ramelius Resources Limited ( Ramelius ) advises that it has today completed the issue of 34,782,608 new shares in Ramelius at A$1.15 per share ( Placement Shares ), pursuant to the placement to institutional and sophisticated investors announced on 7 November 2011.

Ramelius gives notice under section 708A(5)(e) of the Act that:

• (a) the Placement Shares were issued without disclosure to investors under Part 6D.2 of the Act;

• (b) as at the date of this notice, Ramelius has complied with the provisions of Chapter 2M as they apply to Ramelius and section 674 of the Act; and

• (c) as at the date of this notice, there is no information that is ‘excluded information’ within the meaning of section 708A(7) and 708A(8) of the Act which is required to be disclosed by Ramelius under section 708A(6)(e) of the Act.

Dom Francese Company Secretary