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SAVANNAH GOLDFIELDS LIMITED Capital/Financing Update 2007

Sep 19, 2007

65880_rns_2007-09-19_4500fa72-814d-4e17-afc8-cd4fd1f36f7c.pdf

Capital/Financing Update

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MARKET RELEASE

20 September 2007

Renison Consolidated Mines NL

SUSPENSION OF 10% CONVERTIBLE NOTES FROM OFFICIAL QUOTATION

The 10% Convertible Notes (the “Notes”) of Rension Consolidated Mines NL (the “Company”) will be suspended from the official list of ASX Limited (“ASX”) prior to the commencement of trading on Monday, 24 September 2007 pending the conversion of the Notes into fully paid ordinary shares in the Company on 1 October 2007.

Security Code: RSNGC

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Patrick O'Connor Adviser, Issuers (Brisbane)

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RSN.2007.09.20mr-poc