RESOURCES & ENERGY GROUP LIMITED — Capital/Financing Update 2007

Dec 13, 2007

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14 December 2007

The Manager Company Announcements Office Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

Non Renounceable Rights Issue Closed

Real Brand Holdings Limited (ASX: RBH) is pleased to announce a level of support for its recently announced non renounceable rights issue which closed on 10 December 2007. RBH received valid application for 1,847,000 of the 36,585,750 new ordinary shares that were offered pursuant to the offer document dated 26 November 2007, raising approximately $73,880 before offer costs. A shortfall of 34,738,750 new ordinary shares resulted. The shortfall is fully underwritten.

Under the terms of the underwriting agreement the underwriter has 21 business days to lodge, or cause to be lodged applications for the underwritten shares. The underwriter will endeavour to deliver valid application for shortfall shares within 15 business days in-order to preserve the company’s capacity to issue additional securities under ASX LR7.1.

Ends

Richard Poole Chairman Real Brand Holdings Limited