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REACH RESOURCES LIMITED Share Issue/Capital Change 2004

Oct 21, 2004

65731_rns_2004-10-21_417dd341-9b40-4474-9132-2e15a96531f9.pdf

Share Issue/Capital Change

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RELEASE FROM ESCROW

ANNOUNCEMENT

22 OCTOBER 2004

The Company advises that on 6 November 2004, 30,730,416 fully paid ordinary shares and 24,059,653 options exercisable at 20 cents each on or before 31 August 2005, will be released from escrow.

The Company will apply to ASX for quotation of the fully paid ordinary shares so released.

Yours sincerely,

Anthony Ho Company Secretary