REDIVIUM LIMITED — M&A Activity 2009

Apr 30, 2009

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Hannans receives Bidders Statement from Fox

1 May 2009

• Hannans today receives bidders statement from Fox Resources

• Hannans Shareholders advised to TAKE NO ACTION

The Board of Hannans Reward Limited (Hannans or the Company) (ASX: HNR) acknowledges the receipt of the bidders statement from Fox Resources Limited (ASX: FXR). The Board re-iterates that Hannans Shareholders should TAKE NO ACTION and await the Company’s further advice after it has considered the offer.

Shareholders who have any queries regarding this matter should contact Hannans’ Managing Director Damian Hicks on +61 8 9324 3388.

Summary

Hannans Reward Ltd (www.hannansreward.com) has developed a suite of prospective exploration projects within Australia covering iron, manganese, nickel and gold. Hannans’ shareholders have excellent exposure to share price appreciation through exploration success from the following:

• ⋅ Forrestania - nickel & gold 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 – Vale farming in to nickel project located 30km southwest of Coolgardie, WA

• ⋅

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

• ⋅ Sunday – Australian Mineral Fields Ltd farming in to gold project 10kms east of Leonora, WA

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