REGIS RESOURCES LIMITED — Capital/Financing Update 2008

Feb 17, 2008

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Regis Resources Limited ABN 28 009 174 761 www.regisresources.com

Melbourne Office Level 11, 461 Bourke Street Melbourne VIC 3000 Australia P +61 (0)3 8602 6500 F +61 (0)3 8602 6560

Perth Office

Ground Floor, 62 Colin Street West Perth WA 6005 Australia PO Box 810 West Perth WA 6872 Australia P +61 (0)8 9442 2200 F +61 (0)8 9442 2290

18 February 2008

Manager Announcements Company Announcements Office Australian Securities Exchange 4[th] Floor, 20 Bridge St Sydney NSW 2000

Dear Sir

Duketon Gold Project Financing

The Directors of Regis Resources Ltd (ASX RRL) wish to announce the Company has placed new equity capital of 9,915,243 ordinary shares at a price of 51 cents per share for $5,056,774. to domestic and offshore investors.

In addition, the Company has also received an offer of debt financing totalling $30 million, covering general development and specific infrastructure capital items. Regis is currently evaluating the offer and will communicate the results to shareholders when they are available.

The raising was managed by Patersons Securities Ltd.

The Company is pleased with the response from investors in the current turbulent market conditions. The funds raised will allow completion of the Definitive Feasibility Study currently underway and if the debt facilities are accessed, allow acquisition of key infrastructure assets for the development of the Duketon Gold Project.

The Company has today applied to the Australian Securities Exchange for reinstatement of the Company’s securities.

Yours sincerely

David Walker

Managing Director