SAVANNAH GOLDFIELDS LIMITED — Board/Management Information 2012

Sep 27, 2012

==> picture [73 x 52] intentionally omitted <==

RENISON CONSOLIDATED MINES NL

ACN 003 049 714

Phone: (07) 3108 3500 Email: admin@rcm.com.au

Mail Address Level 6 PO Box 10470 Adelaide St 316 Adelaide Street Brisbane Qld 4001 Brisbane Qld 4000

ASX Announcement

28 September 2012

DIRECTOR RESIGNATION AND APPOINTMENT

Renison Consolidated Mines NL advises that Mr. David Vincent has tendered his resignation from the Board of the company due to personal reasons.

Commenting, Renison’s Chairman, Mr. Stephen Bizzell, said:

“ I would like to thank David for his contribution to Renison over the past five years and wish him well for the future. ”

To fill the board vacancy, Mr Benjamin Harrison has been appointed to the board.

Mr Harrison is an executive director with Bizzell Capital Partners, a boutique corporate advisory and funds management firm. Prior to joining Bizzell Capital Partners he worked in the corporate finance team at a leading corporate advisory firm where he was involved in a number of high profile capital market and M&A transactions in the resources and industrial sectors and also previously worked as an equities analyst specialising in the minerals and energy sectors.

Mr Harrison commenced his career as a project manager for an international engineering consulting firm, working on a number of large infrastructure projects in Australia and Southeast Asia. He has experience in project management, financial analysis, primary and secondary market transactions and M&A. Mr Harrison also has experience in private equity and direct investments and is also a director of ASX listed companies AusNiCo Limited and Navaho Gold Limited.

Mr Harrison holds a Bachelor of Science, a Master of Applied Finance and Investment and is a member of the Financial Services Institute of Australasia.

For and on behalf of the Board

==> picture [107 x 29] intentionally omitted <==

Paul Marshall Company Secretary

1