Resolute Mining Limited — Capital/Financing Update 2011

Jun 13, 2011

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----- Start of picture text ----- AnnouncementACN 097 088 68914 JUNE 2011 1----- End of picture text -----

CONVERTIBLE NOTE INTEREST PAYMENT RECORD DATE

The next interest payment date for the Company’s Convertible Notes on issue is 30 June 2011.

The Convertible Notes have a 12% interest rate on their $0.50 face value, and the amount payable to Note holders on 30 June 2011 that are registered on the record date is 3 cents per Note.

The interest will be paid to Note holders in the form of cash. In prior periods, the interest payments have been funded by the issue of Resolute Mining ordinary shares. This was done mainly to preserve cash balances whilst the Syama project was ramped up. The decision to pay cash for the current interest payment is a reflection of the Company’s strengthening balance sheet and projection for strong future operational cashflow.

The record date to determine entitlements to the interest payment is 22 June 2011.

Those Note holders who have not provided their Tax File Number to the Company’s share registry will have 46.5% of the interest payment withheld in accordance with Australian Taxation rules.

For and on behalf of the Board

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GREG FITZGERALD

Company Secretary

About Resolute:

Resolute is an unhedged gold miner with three operating mines in Africa and Australia. The Company is the second largest gold producer by volume listed on the ASX. Resolute is targeting an increase in production from its flagship Syama project in Mali to 250,000oz of gold a year after an extended ramp-up and commissioning period. Resolute is currently investigating a number of opportunities to add value by increasing gold production and lowering operating costs at Syama and its Ravenswood operations in Queensland. The Company controls an extensive footprint in the highly prospective Syama Sheer and Greenstone Belts in Mali and Cote d’Ivoire. Resolute has identified a number of promising exploration targets at its Ravenswood operations and holds a number of exploration projects in Tanzania surrounding its Golden Pride mine.

Resolute Mining Limited 4th Floor, The BGC Centre, 28 The Esplanade, Perth, Western Australia 6000 Telephone: + 61 8 9261 6100 Facsimile: + 61 8 9322 7597 E-mail: contact@rml.com.au www.rml.com.au