REDIVIUM LIMITED — Major Shareholding Notification 2012

Apr 25, 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
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 24/04/2012 The previous notice was given to the company on 11/11/2011 The previous notice was dated 11/11/2011 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) 19,455,235 17.98% 21,801,469 19.03% 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 From 24/11/11 to 09/02/12 Hannans On market purchases of Ordinaryshares $31,100 150,000 150,000		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
From 24/11/11 to 09/02/12	Hannans		On market purchases of Ordinaryshares	$31,100	150,000	150,000
25/04/12	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	2,196,234	2,196,234

Date of change	Person	Nature of change (6)	Consideration	Class and number of	Person’s votes
	whose		given in relation to	securities affected	affected
	relevant		change (7)
	interest
	changed
From 24/11/11	Hannans	On market purchases of	$31,100	150,000	150,000
to 09/02/12		Ordinaryshares
25/04/12	Hannans	Acquisition of relevant interest	3 Hannans shares	2,196,234	2,196,234
		in Scandinavian upon	for every 1
		acceptances of Hannans offer	Scandinavian
		dated 3 April 2012 contained	share, subject to
		in the Bidders Statement	the term of the
		dated 20 March 2012(Offer)	Offer

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	150,000 Ordinaryshares	150,000
Hannans	Hannans	Hannans	Relevant interest under section 608(1) of the Corporations Act 2001pusuant to acceptances of the Offer	2,196,234 Ordinary shares	2,196,234

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
	f 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

6. Addresses

The addresses of persons named in this form are:

Signature

MICHAEL CRAIG, COMPANY SECRETARY print name

sign here date 25 APRIL 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.