REDSTONE RESOURCES LIMITED — Capital/Financing Update 2007

Aug 6, 2007

REDSTONE RESOURCES

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7 August 2007

Manager Announcements Companies Announcements Office Australian Stock Exchange Limited Level 4/20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

EXTENSION TO CLOSING DATE OF SHARE OFFER

The directors have decided to extend the closing date of the Offer from Tuesday 7 August 2007 to Tuesday 14 August 2007.

Yours faithfully

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Anthony Ailakis Chairman

ABN 42 090 169 154 Suite 3, 110-116 East Parade, East Perth WA 6004 Correspondence to: PO Box 8646, Perth Business Centre, WA, 6849 Tel: 08 9328 2552 Fax: 08 9328 2660 Email: contact@redstone.com.au