ROX RESOURCES LIMITED — Capital/Financing Update 2004

Apr 21, 2004

ROX RESOURCES LIMITED

PRO FORMA STATEMENT OF FINANCIAL POSITION BASED ON ACTUAL FUNDS RAISED UNDER THE PROSPECTUS DATED 23 FEBRUARY 2004

	Actual \$
Current Assets Cash	3,450,645
Other - Prepayments	3,450,645
Non-Current Assets
Bond deposits	221,000
Other - Capitalised Exploration Expenditure	1,015,905
	1,236,905
Total Assets	4,687,550
Current liabilities Payable
Non-Current Liabilities
Creditors & Borrowings
Total Liabilities
NET ASSETS	4,687,550 \$
Shareholder's Equity
Contributed Equity	4,714,550
Accumulated Losses	(27,000)
TOTAL SHAREHOLDER'S EQUITY	4,687,550 S