ROX RESOURCES LIMITED — Capital/Financing Update 2005

Dec 12, 2005

Ref: RRL0414L-BD/ss

13 December 2005

Companies Announcement Office Australian Stock Exchange 20 Bridge Street SYDNEY NSW 2000

SECONDARY TRADING NOTICE

On 12 December 2005 Rox Resources Limited ("Rox") issued 10 million fully paid ordinary shares ("Securities") to Australian institutional and sophisticated investors.

Secondary Trading Exemption

The Corporations Act 2001 ("the Act") restricts the on-sale of securities without disclosure, unless the sale is exempt under Section 708 or 708A of the Act. By Rox giving this notice, a sale of the Securities will fall within the exemption in Section 708A(5) of the Act.

Rox hereby notifies the ASX under Section 708A(5)(e) of the Act that:

• Rox issued the Securities without disclosure to investors under Part 6D.2 of the Act: $(a)$
• $(b)$ As at the date of this notice Rox has complied with the provisions of Chapter 2M of the Act as they apply to Rox and Section 674 of the Act; and
• As at the date of this notice there is no information: $(c)$
• $\mathbf{i}$ . that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
• ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
  • the assets and liabilities, financial position and performance, profits $A_{-}$ and losses and prospects of the Company; or
  • $B₁$ the rights and liabilities attaching to the Securities.

BRETT DICKSON Company Secretary