TASMAN RESOURCES LTD — Capital/Financing Update 2007

Sep 19, 2007

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ACN 009 253 187

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT 19 September 2007

PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE

Tasman Resources NL (“Tasman”) is undertaking a non-renounceable pro-rata rights offer to Tasman shareholders (the Offer ). The Offer is open to all Tasman shareholders who are on the register as at 5.00pm WST on 5 October 2007 (the Record Date ) and who have a registered address in Australia or New Zealand. Under the Offer, Tasman will make an offer to all eligible shareholders of 1 fully paid ordinary Tasman share for every 10 fully paid ordinary Tasman shares held as at the Record Date, at a price of 20c per share, together with 1 free attaching option (each to acquire one share at an exercise price of 20c per share at any time up to and including 31 December 2009).

The Timetable for the Offer is as follows:

Offer announcement	19 September 2007
Lodgement of cleansing notice and Appendix 3B with ASX	19 September 2007
Notice sent to shareholders	27 September 2007
Ex date	28 September 2007
Record Date for determining entitlements	5 October 2007
Offer document despatched to eligible shareholders	11 October 2007
Closing date of the Offer	2 November 2007
Securities quoted on a deferred settlement basis	5 November 2007
Company notifies ASX of under subscriptions	8 November 2007
Despatch of holding statements	13 November 2007

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Gregory Howard Solomon Chairman

Level 40, Exchange Plaza 2 The Esplanade, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Email: mailroom@tasmanresources.com.au