REDIVIUM LIMITED — M&A Activity 2012

Apr 26, 2012

27 April 2012

==> picture [253 x 36] intentionally omitted <==

ASX & MEDIA ANNOUNCEMENT

OFF-MARKET TAKEOVER OFFER BY HANNANS REWARD LIMITED FOR SCANDINAVIAN RESOURCES LTD - EXTENSION OF OFFER PERIOD

Hannans Reward Limited (ACN 099 862 129) ( Hannans ) has today announced that it has extended its off-market takeover offer for all of the ordinary shares that it does not already own in Scandinavian Resources Ltd (ACN 132 035 842) ( SCR ) so that the offer will now close at 5.00pm (Perth time) on 18 May 2012.

A copy of the formal notice of variation, together with an accompanying letter to be sent to SCR shareholders, is attached .

Yours faithfully

==> picture [106 x 48] intentionally omitted <==

Michael Craig Company Secretary

For further information please contact:

Hannans Reward Limited Professional Public Relations Ben Della-Vedova James Harris Business Development Manager Tel: +61 8 9388 0944 Tel: +61 8 9324 3388

About Hannans Reward

Hannans has built up a diverse portfolio of tenements and target commodities which includes nickel, gold, base metals and iron. Hannans Projects include:

• (a) Forrestania Project (east of Hyden, Western Australia) - nickel, gold and iron;

• (b) Queen Victoria Rocks Project (south-west of Coolgardie, Western Australia) - nickel and gold;

• (c) Lake Johnston Project (west of Norseman, Western Australia) - nickel and gold; and

• (d) East Pilbara Project (east of Newman, Western Australia) - base metals and gold.

As at 26 April 2012, Hannans had 1,708 Shareholders and a market capitalisation of approximately $11.5 million.

==> picture [100 x 37] intentionally omitted <==

==> picture [252 x 53] intentionally omitted <==