REDSTONE RESOURCES LIMITED — Capital/Financing Update 2012

Oct 1, 2012

MARKET RELEASE

2 October 2012

Redstone Resources Limited

TRADING HALT

The securities of Redstone Resources Limited (the "Company") will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Thursday, 4 October 2012 or when the announcement is released to the market.

Security Code: RDS

Jill Hewitt Senior Adviser, Listings (Perth)

2 October 2012

Ms Sandra Wutete Listings Advisor Australian Securities Exchange Level 8, 2 The Esplanade PERTH WA 6000

BY EMAIL

Dear Ms Wutete

Re: Trading Halt Request

Redstone Resources Limited (ASX:RDS) (the Company) requests a voluntary trading halt on its securities effective from commencement of normal trading on Tuesday 2 October 2012 and provides the following information in accordance with Listing Rule 17.1:

• $\blacksquare$ The trading halt is requested as the Company is currently finalising a capital raising.
• The Company requests that the trading halt be lifted on the earlier of the release of an $\blacksquare$ announcement to the market or on the commencement of normal trading on Thursday 4 October 2012.
• The Company expects the trading halt will cease by making of an announcement of the $\blacksquare$ kind referred above.
• The Company is not aware of any reason why the trading halt should not be granted.

Yours faithfully

Wonte

Miranda Conti COMPANY SECRETARY