REDIVIUM LIMITED — Major Shareholding Notification 2012

May 2, 2012

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder	Form 604 Corporations Act 2001 Section 671B Notice of change of interests of substantial holder
ToCompany Name/Scheme SCANDINAVIAN RESOURCES LTD(Scandinavian) ACN/ARSN 132035 842 1. Details of substantial holder(1) Name HANNANS REWARD LTD includingwhollyowned subsidiaryHR EQUITIES PTY LTD(Hannans) ACN/ARSN (if applicable) HannansRewardLtd (099 862 129),HR EquitiesPtyLtd (125 537019) There was a change in the interests of the substantial holder on 02/05/2012 The previous notice was given to the company on 01/05/2012 The previous notice was dated 01/05/2012 2. Previous and present voting power The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in when last required, and when now required, to give a substantial holding notice to the company or scheme, are as follows: Class of securities (4) Previous notice Present notice Person’s votes Voting power(5) Person’s votes Voting power ORDINARY FULLY PAID SHARES(ORD) 35,433,679 26.33% 37,847,699 28.13% 3. Changes in relevant interests Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company are as follows: Date of change Person whose relevant interest changed Nature of change (6) Consideration given in relation to change (7) Class and number of securities affected Person’s votes affected 30/04/12 Hannans Acquisition of relevant interest in Scandinavian upon acceptances of Hannans offer dated 3 April 2012 contained in the Bidders Statement dated 20 March 2012(Offer) 3 Hannans shares for every 1 Scandinavian share, subject to the term of the Offer 2,414,020 2,414,020 4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows: Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Class and number of securities Person’s votes Hannans Hannans Hannans Shareholder 19,605,235 OrdinaryShares 19,605,235 Hannans Hannans Hannans Relevant interest under section 608(1) of the Corporations Act 2001pusuant to acceptances of the Offer 18,242,464 Ordinary shares 18,242,464				SCANDINAVIAN RESOURCES LTD(Scandinavian)
				132035 842
				HANNANS REWARD LTD includingwhollyowned subsidiaryHR EQUITIES PTY LTD(Hannans)
				HannansRewardLtd (099 862 129),HR EquitiesPtyLtd (125 537019)
Date of change		Person whose relevant interest changed			Nature of change (6)		Consideration given in relation to change (7)		Class and number of securities affected		Person’s votes affected
30/04/12		Hannans			Acquisition of relevant interest in Scandinavian upon acceptances of Hannans offer dated 3 April 2012 contained in the Bidders Statement dated 20 March 2012(Offer)		3 Hannans shares for every 1 Scandinavian share, subject to the term of the Offer		2,414,020		2,414,020
4. Present relevant interests Particulars of each relevant interest of the substantial holder in voting securities after the change ar Holder of relevant interest Registered holder of securities Person entitled to be registered as holder (8) Nature of relevant interest (6) Hannans Hannans Hannans Shareholder Hannans Hannans Hannans Relevant interest under section 608(1) of the Corporations Act 2001pusuant to acceptances of the Offer										e as follows:
	Holder of relevant interest		Registered holder of securities			Person entitled to be registered as holder (8)		Nature of relevant interest (6)		Class and number of securities		Person’s votes
	Hannans		Hannans			Hannans		Shareholder		19,605,235 OrdinaryShares		19,605,235
	Hannans		Hannans			Hannans		Relevant interest under section 608(1) of the Corporations Act 2001pusuant to acceptances of the Offer		18,242,464 Ordinary shares		18,242,464

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting interests in the company or scheme are as follows:

	Name and ACN/ARSN(if applicable) Nature of association
	N/A
6. Addresses
The	addresses of persons named in this form are:
	Name Address
	HANNANSREWARD LTD 6 OUTRAMSTREET,WEST PERTH,WA6005
	HR EQUITIES PTY LTD 6 OUTRAM STREET,WEST PERTH,WA 6005
Signature print name MICHAEL CRAIG, COMPANY SECRETARY
	sign here date 2 MAY		2012
	DIRECTIONS
(1)	If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the
	manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of		a group of persons
	are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each		group, with the
	names and addresses of members is clearly set out in paragraph 6 of the form.
(2)	See the definition of “associate” in section 9 of the Corporations Act 2001.
(3)	See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Act 2001.
(4)	The voting shares of a company constitute one class unless divided into separate classes.
(5)	The person’s votes divided by the total votes in the body corporate or scheme multiplied by 100.
(6)	Include details of:
	(a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies,
	a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving	full and accurate details of
	any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or
	arrangement; and
	(b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of
	the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification		applies).
	See the definition of “relevant agreement” in section 9 of the Corporations Act 2001.
(7)	Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired has,
	or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or
	not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the
	acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.
(8)	If the substantial holder is unable to determine the identify of the person (eg. if the relevant interest arises because of	an option) write “unknown”.
(9)	Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.