STRIKE RESOURCES LIMITED — AGM Information 2007

Dec 2, 2007

Annual General Meeting Annual General Meeting

Perth, 30 November 2007

INTRODUCTION

Directors Farooq Khan

Chairman John Stephenson

Managing Director Shanker Madan Malcolm Richmond Augusto Baertl William Johnson Director and Secretary Victor Ho

Notice of AGM dated 22 October 2007

Proxies Received: 131 x 15,203,707 (19%)

Voting Procedure

AGENDA

• 1. Chairman's Overview
• 2. Managing Director's Presentation
• 3. Annual Reports
• 4. Resolutions x 9
• 5. Questions

3

CHAIRMAN'S OVERVIEW

July 2007 - A new JORC – inferred resource of 172 million tonnes, grading 62.28% Fe announced.

August 2007 - Consultants engaged for 20 million tonne pre-feasibility, due for completion March 2008.

FORMAL BUSINESS

1. 2007 Directors' and Financial Reports

2. Resolutions:

• 1 Reduction of Capital
• 2 Re-elect Malcolm Richmond as Director
• 3 Re-elect Victor Ho as Director
• 4 Ratify Previous Issue Of Options To Employees
• 5 Approve Amendment to Terms of Existing Directors' and Employee Options
• 6 Issue of Options To Directors
• 7 Appointment of New Auditor
• 8 Adoption of Remuneration Report
• 9 Ratify $15.12 Million Share Placement

5

ORDINARY RESOLUTION ONE1 Reduction of Capital

Proxy Summary	For	Against	Abstain	Open	Totals
All ProxiesReceived	14,355,793	46,583	5,769	795,562	15,203,707
Chairman's ProxiesReceived	11,371,368	46,583	3,333	751,716	12,173,000

ORDINARY RESOLUTION TWO Re-elect Malcolm Richmond as Director

Proxy Summary	For	Against	Abstain	Open	Totals
All Proxies
Received	14,401,376	0	8,769	793,562	15,203,707
Chairman's Proxies
Received	11,416,951	0	6,333	749,716	12,173,000

7

ORDINARY RESOLUTION THREE1 Re-elect Victor Ho as Director

Proxy Summary	For	Against	Abstain	Open	Totals
All ProxiesReceived	12,295,009	2,089,700	25,436	793,562	15,203,707
Chairman's ProxiesReceived	9,327,251	2,089,700	6,333	749,716	12,173,000

ORDINARY RESOLUTION FOUR1 Ratify Previous Issue Of Options To Employees

Proxy Summary	For	Against	Abstain	Open	Totals
All Proxies
Received	12,193,422	2,151,183	65,540	793,562	15,203,707
Chairman's Proxies
Received	9,208,997	2,148,747	65,540	749,716	12,173,000

9

ORDINARY RESOLUTION FIVE

Approve Amendment to Terms of Existing Directors' and Employees Options

Proxy Summary	For	Against	Abstain	Open	Totals
All ProxiesReceived	11,772,686	2,224,023	413,436	793,562	15,203,707
Chairman's ProxiesReceived	8,804,928	2,221,587	396,769	749,716	12,173,000

ORDINARY RESOLUTION SIX Issue of Options to Directors

Proxy Summary	For	Against	Abstain	Open	Totals
All Proxies
Received	11,699,749	2,300,606	411,790	791,562	15,203,707
Chairman's Proxies
Received	8,731,991	2,298,170	395,123	747,716	12,173,000

ORDINARY RESOLUTION SEVEN1 Appointment of New Auditor

Proxy Summary	For	Against	Abstain	Open	Totals
All ProxiesReceived	14,371,643	8,233	30,269	793,562	15,203,707
Chairman's ProxiesReceived	11,387,218	8,233	27,833	749,716	12,173,000

ORDINARY RESOLUTION EIGHT Adoption of Remuneration Report

Proxy Summary	For	Against	Abstain	Open	Totals
All Proxies
Received	12,253,156	2,123,960	33,029	793,562	15,203,707
Chairman's Proxies
Received	9,268,731	2,121,524	33,029	749,716	12,173,000

13

ORDINARY RESOLUTION NINE Ratify $15.12 Million Share Placement

Proxy Summary	For	Against	Abstain	Open	Totals
All ProxiesReceived	14,349,197	26,896	31,879	795,735	15,203,707
Chairman's ProxiesReceived	11,362,336	26,896	31,879	751,889	12,173,000

QUESTIONS?

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