TASMAN RESOURCES LTD — Capital/Financing Update 2011

Oct 12, 2011

MARKET RELEASE

13 October 2011

Tasman Resources Limited

TRADING HALT

The securities of Tasman 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, 17 October 2011 or when the announcement is released to the market.

Security Code:

TAS TASOB

Shannon Nicholson Adviser, Listings (Perth)

13 October 2011

Ms Shannon Nicholson Adviser Issuer, Perth Australian Securities Exchange Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000

By facsimile: 9221 2020

Dear Ms Nicholson,

TASMAN RESOURCES LTD (ASX Code: TAS, TASOB) - TRADING HALT

We request that a trading halt be placed on Tasman Resources Ltd shares and options pending the release of an announcement regarding a proposed capital raising, to be lodged prior to the commencement of trading on Monday 17 October 2011.

Tasman Resources Ltd is not aware of any reason that a trading halt should not be granted.

Yours faithfully

Aaron P. Gates Company Secretary