REDIVIUM LIMITED — Capital/Financing Update 2008

Nov 9, 2008

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Completion of Share Purchase Plan 10 November 2008

• Share Purchase Plan (SPP) completed successfully

• Placement to sub-underwriters completed

• Final funds raised ~$626,000

• Offer price set at 10.8 cents per share

Hannans Reward Ltd (ASX: HNR) is pleased to advise that the Share Purchase Plan was completed successfully with the final offer price set at 10.8 cents per share.

A placement was also made to those SPP sub-underwriters who did not receive their full allocation under the underwriting agreement due to the level of participation by Hannans Reward shareholders.

The total funds raised from the SPP and Placement was $626,013 resulting in the issue of 5,796,416 shares; thereby taking the total number of shares outstanding to 90,325,013.

Allotment and issue of the SPP and Placement shares is now expected to take place on Friday, 14 November 2008 at which time an Appendix 3B will be lodged seeking quotation of the shares on ASX.

Patersons Securities Limited (Patersons) acted as lead manager and underwriter to the SPP up to a value of $500,000.

Hannans Reward would like to thank shareholders for their financial support during the SPP and Placement.

If you have any questions in relation to this announcement please don’t hesitate to contact Damian Hicks, managing Director on +61 8 9324 3388.

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10 November 2008

Hannans Reward Ltd

Summary

Hannans Reward Ltd has developed a suite of prospective exploration projects within Australia covering iron, nickel and gold. Hannans Reward Ltd is well funded with shareholders exposed to share price appreciation through exploration success.

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

• Jigalong - iron, manganese & base metals located 150km east of Newman, WA

• Queen Victoria Rocks - nickel project located 30km south-west of Coolgardie, WA

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

• Sunday – joint venture with Australian Mineral Fields Ltd, 10kms east of Leonora, WA

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 Non-Executive Directors West Perth, WA Bill Hicks, Terry Grammer & Frank Cannavo

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