TANAMI GOLD NL — Capital/Financing Update 2007

Jun 14, 2007

TANAMI GOLD NL

15 June 2007

The Manager Company Announcement Office ASX Limited Exchange Centre Level 4, 20 Bridge Street SYDNEY NSW 2000

Dear Sir

TANAMI GOLD NL Notice under Section 708A

On 15 June 2007 Tanami Gold NL ("Company") completed the issue of 104 million fully paid ordinary shares ("shares") at 13 cents per share which constituted the first tranche of the 154 million share (A\$20 million) capital raising announced to the market on 5 June 2007.

The shares were placed with international and domestic institutional and sophisticated shareholders of the Company and new investors introduced by Foster Stockbroking Pty Ltd.

The shares are part of a class of securities quoted on ASX.

The Company gives this notice pursuant to Section $708A(5)(e)$ of the Corporations Act 2001 (Cth) ("Act").

The shares were issued without disclosure to investors under Part 6D.2 of the Act.

The Company, as at the date of this notice, has complied with:

• the provisions of Chapter 2M of the Act as they apply to the Company; and (a)
• Section 674 of the Act. $(b)$

As at the date of this notice, there is no excluded information to be provided in accordance with Sections $708A(7)$ and $(8)$ of the Act.

All questions in respect of the announcement should be directed to Mr Denis Waddell on (08) 9212 5999.

Yours faithfully Tanami Gold NL

Remix Wadow

Denis Waddell Executive Chairman