RIEDEL RESOURCES LIMITED — Major Shareholding Notification 2011

Jan 26, 2011

CRP/COMPUTERSHARE INVESTOR SERVICES PTY LTD  ***      T O P     2 0     H O L D E R S       ***                (RSP520:18.51:200111)
  RIEDEL RESOURCES LIMITED/RIE                        RUN NUMBER 0016       20/01/2011           A.C.N. 143 042 022    PAGE :      1
  CLASS GROUP: *G1/ORDINARY SHARES (GROUPED)
  HOLDER NO     NAME AND ADDRESS                                           UNITS       % I/C      RANK
                ADX ENERGY LIMITED                                       25,000,000    42.95         1
                NEFCO NOMINEES PTY LTD                                    2,750,000     4.72         2
                HSBC CUSTODY (NOMINEES)                                   2,000,000     3.44         3
                LIMITED
                <XCC5 A/C>
                JP MORGAN NOMINEES AUSTRALIA                                750,500     1.29         4
                LIMITED
                ABN AMRO CLEARING SYDNEY                                    750,000     1.29         5
                NOMINEES PTY LTD
                <CUSTODIAN A/C>
                HSBC CUSTODY NOMINEES                                       750,000     1.29         6
                (AUSTRALIA) LIMITED
                ELINORA INVESTMENTS PTY LTD                                 660,000     1.13         7
                MR BRUCE ROBERT ERROL FRANZEN                               600,100     1.03         8
                MR GIUSEPPE PAOLO GRAZIANO                                  600,000     1.03         9
                AMN NOMINEES PTY LTD                                        500,000     0.86        10
                MR ANDREW ROSS CHILDS                                       500,000     0.86        11
                EMPIRE EQUITY LTD                                           500,000     0.86        12
                EUROGOLD LIMITED                                            500,000     0.86        13
                FGL ASSET MANAGEMENT LIMITED                                500,000     0.86        14
                MOOSEHEAD PTY LIMITED                                       500,000     0.86        15
                QUEENSLAND MARKETING                                        500,000     0.86        16
                MANAGEMENT PTY LTD
                <SUPERANNUATION A/C>
                MS PENELOPE ZUPPAR                                          500,000     0.86        17
                TIROL INVESTMENTS PTY LTD                                   400,000     0.69        18
                IRONSIDE PTY LTD                                            350,000     0.60        19
                <IRONSIDE FAMILY FUND A/C>
                RIVERVIEW CORPORATION PTY LTD                               350,000     0.60        20

CRP/COMPUTERSHARE INVESTOR SERVICES PTY LTD  ***      T O P     2 0     H O L D E R S       ***                (RSP520:18.51:200111)
  RIEDEL RESOURCES LIMITED/RIE                        RUN NUMBER 0016       20/01/2011           A.C.N. 143 042 022    PAGE :      2

  CLASS GROUP: *G1/ORDINARY SHARES (GROUPED)
  HOLDER NO     NAME AND ADDRESS                                           UNITS       % I/C      RANK
                ***  REPORT  TOTAL  ***                                  38,960,600    66.93
                ***    REMAINDER   ***                                   19,247,500    33.07
                                                                     -----------------------
                ***  GRAND  TOTAL  ***                                   58,208,100   100.00

------------------------------------------------------------------------------------------------------------------------------------
TOTAL CURRENT HOLDERS MEETING CRITERIA FOR THIS REPORT:      488

------------------------------------------------------------------------------------------------------------------------------------

************************************************************************************************************************************
********** NUMBER OF PAGES WRITTEN =          2 *********** END OF REPORT **************** NUMBER OF LINES WRITTEN =         45 ****
************************************************************************************************************************************