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Resolute Mining Limited Capital/Financing Update 2009

May 11, 2009

10548_rns_2009-05-11_8391511e-1c74-46a6-95fc-1dd4c5facbe9.pdf

Capital/Financing Update

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MARKET RELEASE

12 May 2009

Resolute Mining Limited

TRADING HALT

The securities of Resolute Mining Limited (the “Company”) will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Friday, 15 May 2009 or when the announcement is released to the market.

Security Code: RSG RSGO RSGG

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Nathan Bartrop Adviser, Issuers (Perth)

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12 May 2008

Mr James Rowe State Manager Australian Securities Exchange Exchange Plaza 2 The Esplanade Perth WA 6000

Dear James,

TRADING HALT REQUEST

Resolute Mining Limited (“Company”) requests a trading halt of its securities effective immediately pending an announcement by the Company.

The trading halt is being requested in order to finalise a capital raising. It is requested that the trading halt continue until the earlier of two trading days from the commencement of trade on 13 May 2009 or when a market release is made by the Company. The trading halt is expected to come to an end when the Company announces details of the proposed capital raising.

The Company is not aware of any reason why the trading halt should not be granted.

Yours faithfully

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GREG FITZGERALD Company Secretary

RESOLUTE MINING LIMITED A.B.N. 39 097 088 689

4th Floor, BGC Centre, 28 The Esplanade, Perth, Western Australia 6000. P.O. Box 7232 Cloisters Square, Perth, Western Australia 6850 Telephone : (08) 9261 6100 Facsimile : (08) 9322 7541 Email : [email protected]