REGIS RESOURCES LIMITED — Capital/Financing Update 2006

Nov 5, 2006

6 November 2006

Manager Announcements Company Announcements Office Australian Stock Exchange Limited 4th Floor, 20 Bridge Street Sydney NSW 2000

Level 11, 461 Bourke Street Melbourne Victoria 3000 Australia Telephone: +61 3 8602 6500

Facsimile: +61 3 8602 6560

Dear Sir

NEWMONT REBALANCES ITS HOLDING IN REGIS RESOURCES

The Directors of Regis Resources NL (ASX:RRL) announced today that RRL's strategic shareholder, Newmont Capital Pty Ltd (Newmont), is rebalancing its shareholding ahead of the completion of the Newmont Duketon transaction in December 2006. The transaction was announced to the market on 18 October 2006.

To facilitate the rebalancing, BBY Limited sold 100 million shares of existing RRL stock owned by Newmont to a range of local and offshore institutional and professional investors on 3 November 2006.

Regis Managing Director David Walker said that the board was delighted to welcome the additional institutional shareholders to the Regis register.

"This demonstration of confidence in the Company from local and offshore investors validates our business strategy of setting achievable milestones and delivering on time and on budget. We are very pleased that our major shareholder Newmont has taken this opportunity to consolidate their holding in the Company," said Mr Walker.

"Following the sale, institutional and professional investors will own over 40% of RRL's existing ordinary shares. Newmont has taken this action to ensure its holding in RRL (after completion of the recently exercised call option and put option) remains below 50%" added Mr Walker.

Yours sincerely

David Walker Managing Director

For further information contact:

Mr David Walker Managing Director Regis Resources NL 03 8602 6500

Dr Michael Folie Chairman Regis Resources NL 03 8602 6500