REGIS RESOURCES LIMITED — Capital/Financing Update 2012

Sep 27, 2012

ABN 28 009 174 761

28 September 2012

Manager Announcements ASX Market Announcements Australian Securities Exchange Limited Level 4, 20 Bridge Street Sydney NSW 2000

www.regisresources.com Level 1 1 Alvan Street Subiaco WA 6008 Australia

PO Box 862 Subiaco WA 6904 Australia P 08 9442 2200 F 08 9442 2290

LETTER TO OPTION HOLDERS

Please find attached a letter sent to option holders regarding the expiry of RRLOB options on Wednesday 31 October 2012.

Yours sincerely Regis Resources Limited

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Kim Massey Company Secretary

Return your information:

ABN 28 009 174 761

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By mail:

Computershare Investor Services Pty Limited GPO Box D182 Perth WA 6840

Enquiries:

(within Australia) 1300 850 505 (international) 61 3 9415 4000

T 000001 000 RRL MR SAM SAMPLE 123 SAMPLE STREET SYDNEY NSW 2000

HIN/SRN

Options Expiry Notice

Options exercisable at A$1.00 per Option expiring at 5pm (AWST) on 31 October 2012.

You are reminded that the Options to subscribe for Shares in the capital of Regis Resources Ltd registered in your name expire on 31 October 2012. These Options are exercisable wholly or in part by the payment of the price above for each Option exercised. Payment has to be received at the addresses overleaf, by the time and date stated above. For every one Option exercised, the Optionholder will be allotted one Share in the capital of Regis Resources Ltd.

Options not exercised by 5pm (AWST) on 31 October 2012 will expire.

To be completed by the Optionholder

To the Directors Regis Resources Ltd

I/We the abovementioned being the registered holder(s) of the options, hereby exercise my/our option for Shares in Regis Resources Ltd and I/we request you allot such Shares to me/us and I/we agree to be bound by the Constitution of the Company.

Number of Options registered in your name 0,000,000

I/We enclose my/our payment for the amount shown below being payment of A$1.00 per Option.

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----- Start of picture text ----- Number of Options to be exercised Amount enclosed at A$1.00 per OptionCheque details - Make your cheque or bank draft payable to "Regis Resources Ltd"Sign Here - This section must be signed for your instructions to be executed.Individual or Optionholder 1 Optionholder 2 Optionholder 3Sole Director and Sole Company Secretary Director/Company Secretary Director----- End of picture text -----

The directors reserve the right to make amendments to this form where appropriate. Refer to lodgement instructions overleaf.

This form may not be used to effect a change of address. Please contact Computershare Investor Services Pty Limited on 1300 850 505, or online via the Investor Centre found at www.investorcentre.com/au

See back of form for completion guidelines

916CR_0_Sample_Allotment/000001/000001

How to complete this form

Exercise your Options in full or part

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Registration Name(s)

The fully paid ordinary shares will be registered in the name(s) printed on the form.

Options Exercised

Enter the number of Options you wish to exercise.

Exercise Moneys

Enter the amount of exercise moneys. To calculate the amount payable, multiply the number of Options exercised by the exercise price.

Payment

Make your cheque or bank draft payable to "Regis Resources Ltd" in Australian currency and cross it Not Negotiable. Your cheque or bank draft must be drawn on an Australian Bank. Complete the cheque details in the boxes provided. The total amount must agree with the amount shown in box B. Sufficient cleared funds must be held in your account as cheques returned unpaid may not be re-presented and may result in your Exercise of Options Notice being rejected. Pin (do not staple) your cheque(s) to the Exercise of Options Notice. Cash will not be accepted. Receipt for payment will not be forwarded.

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Signature(s)

You must sign the form as follows in the space provided: Individual: where the holding is in one name, the Optionholder must sign. Joint holding: the holding is in more than one name all of the Optionholders must sign.

Power of Attorney: to sign under Power of Attorney, you must have already lodged this document with the registry. Alternatively, attach an originally certified copy of the Power of Attorney to this form when you return it. Companies: this form must be signed by either 2 Directors or a Director and a Company Secretary. Alternatively, where the company has a Sole Director and, pursuant to the Corporations Act, there is no Company Secretary, or where the Sole Director is also the Sole Company Secretary, that Director may sign alone. Delete titles as applicable. Deceased Estate: all executors must sign and, if not already noted by the registry, a certified copy of Probate or Letters of Administration must accompany this form.

If you are in any doubt as to how to deal with this document, please consult your Financial or other Personal Advisor.

If you have any enquiries concerning your Optionholding, please contact Computershare Investor Services Pty Limited on 1300 850 505.

Lodgement of Notice

The Exercise of Options Notice must be received at the address below by no later than 5pm (AWST) on 31 October 2012.

Return the Exercise of Options Notice with cheque(s) attached to:

Computershare Investor Services Pty Limited GPO Box D182 Perth WA 6840

Neither Computershare Investor Services Pty Limited nor Regis Resources Ltd accepts any responsibility if this Options Notice is lodge at any other address or by any other means.

Recent Share Price on Australian Securities Exchange

Latest available market sale price of the Shares was A$5.50 on 27 September 2012 Highest sale price during the 3 months preceding 27 September 2012 was A$5.53 on 20 September 2012 Lowest sale price during the 3 months preceding 27 September 2012 was A$3.76 on 29 June 2012

Last trading day of Options on the Australian Securities Exchange will be 24 October 2012.

For further information in regards to these options please contact the Company Secretary Kim Massey on 08 9442 2200 or kmassey@regisresources.com