STELLAR RESOURCES LIMITED — Capital/Financing Update 2012

Feb 1, 2012

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MARKET RELEASE

2 February 2012

Stellar Resources Limited

TRADING HALT

The securities of Stellar Resources Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 6 February 2012 or when the announcement is released to the market.

Security Code: SRZ

Kobe Li Adviser, Listings (Melbourne)

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2 February 2012

Mr Kobe Li Senior Advisor Listings Australia Securities Exchange Level 45, Rialto South Tower 525 Collins Street Melbourne VIC 3000

By email:

Dear Kobe,

Stellar Resources Limited (ASX: SRZ) requests a Trading Halt in the Company’s securities pending release of an announcement in relation to a capital raising. Unless the ASX decides otherwise, the securities will remain in a Trading Halt Session State until the earlier of the commencement of normal trading on Monday 6 February, 2012 or when the announcement is released to the market.

The company is not aware of any reason why the trading halt should not be granted.

Yours sincerely

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Christina R Kemp Company Secretary

cc James Gerraty

STELLAR RESOURCES LIMITED

ABN 96 108 758 961 Level 17 530 Collins Street Melbourne Victoria 3000 Australia Tel +61 3 9618 2540 Fax +61 3 9649 7200

SRZ2012 02 02th-request-kzl