REDIVIUM LIMITED — Capital/Financing Update 2007

Oct 1, 2007

2 October 2007

Exploring for Gold & Base Metals ASX:HNR

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Hannans Reward Ltd

Placement Update

• Shandong Landbridge Group (“Landbridge”) requests further extension of time within which to complete 2[nd] tranche of Placement

  • Hannans Reward Ltd (“Hannans”) fully intends to continue working with Landbridge and its wholly owned subsidiary Aus Global Resources Pty Ltd to build a long term mutually beneficial relationship

  • The 2[nd] tranche of the Placement comprises AUD3.5m at 55 cents per shares

  • The 1[st] tranche of the Placement, AUD2m at 55 cents per shares, was completed on 1 May 2007

  • Landbridge is currently the fourth largest shareholder in Hannans

  • Hannans remains fully funded to implement its exploration programmes with a cash balance of approximately AUD4m

Summary

Shandong Landbridge Group (“Landbridge”) (www.landbridge.com.cn) is a respected large private Chinese company based in Rizhao, Shandong Province, China. The Company has business interests including infrastructure construction and management, oil refining and timber milling. Details of the Placement were released to ASX on 17 April 2007, 31 July 2007 and 31 August 2007. Subject to completion of the Placement, Landbridge will be Hannans’ second largest shareholder.

If you have any questions in relation to this announcement please do not hesitate to contact me.

Yours sincerely,

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Damian Hicks Managing Director

Level 2, 11 Ventnor Avenue, West Perth, Western Australia PO Box 1227, West Perth, WA, 6872 admin@hannansreward.com • www.hannansreward.com +61 8 9324 3388 (T) • +61 8 9324 3366 (F)

Hannans Reward Ltd

2 October 2007

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Exploring for Gold & Base Metals ASX:HNR

Hannans Reward Ltd has developed a suite of prospective exploration projects within Australia. The Company also has the opportunity to assess resource projects in PNG. Hannans Reward Ltd is well funded with shareholders exposed to share price appreciation through exploration success.

Current Projects

Papua New Guinea

• JLM JV – opportunity to assess minerals, petroleum and agricultural projects with JLM Resources Ltd

Australia

• Forrestania - nickel & gold project located 12km north of Western Area’s Flying Fox nickel mine

• • Jigalong JV - iron, uranium & base metals project located about 400km south east of Port Hedland

• Queen Victoria Rocks - nickel & gold project located 30km south-west of Coolgardie

• Sunday – gold & nickel project located about 20km east of Leonora

• Maggie Hays South - nickel project located 25km south east of LionOre’s Maggie Hays nickel mine

Company contacts: Board of Directors Telephone: (08) 9324 3388 Chairman Fax: (08) 9324 3366 Richard Scallan Email: admin@hannansreward.com Managing Director Website: www.hannansreward.com Damian Hicks Address: Level 2, 11 Ventnor Ave Executive Director West Perth, WA Frank Cannavo Non-Executive Directors: Ernie Dechow, Bill Hicks & Terry Grammer

Level 2, 11 Ventnor Avenue, West Perth, Western Australia PO Box 1227, West Perth, WA, 6872 admin@hannansreward.com • www.hannansreward.com +61 8 9324 3388 (T) • +61 8 9324 3366 (F)