TESORO GOLD LTD — Share Issue/Capital Change 2007

Sep 17, 2007

TO: COMPANY ANNOUNCEMENTS OFFICE COMPANY: AUSTRALIAN SECURITIES EXCHANGE LIMITED FROM: VAN EYK THREE PILLARS LIMITED DATE: 18 September 2007

NO. OF PAGES: 2

Following the recent successful 1:4 renounceable rights issue, 23,141,659 fully paid ordinary VTP shares will be issued today.

Please find following a Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

P. Roberts Company Secretary

van Eyk Three Pillars Limited ABN 91 106 854 175 Level 7, 20 Hunter St, Sydney NSW 2000 GPO Box 5482, Sydney NSW 2001 P (02) 8236 7701 F (02) 9221 1194

www.vaneyk.com.au www.threepillars.vaneyk.com.au

Notice under section 708A(5)(e) of the Corporations Act 2001 (Cth)

Issuer: van Eyk Three Pillars Limited ACN 106 854 175

Details of the issue or offer of securities:

Details of the issue or offer of securities:
Class of securities	Fully Paid Ordinary Shares
ASX Code of the securities	VTP
Date of the issue or expected issue of the securities	18/09/2007
Total number of securities issued or expected to be issued	23,141,659

Notice:

1. van Eyk Three Pillars Limited gives ASX (as the relevant market operator) notice relating to the issue of the securities identified above.

2. This notice is given under paragraph 5(e) of Section 708A of the Corporations Act 2001 (Cth).

3. van Eyk Three Pillars Limited issued the securities identified above without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth).

4. As at the date of this notice, van Eyk Three Pillars Limited has complied with: (a) the provisions of Chapter 2M of the Corporations Act 2001 (Cth) as they apply to it; and

5. (b) Section 674 of the Corporations Act 2001 (Cth).

6. There is no excluded information (as defined in Section 708A(7) of the Corporations Act 2001 (Cth)) as at the date of this notice.

Signed for and on behalf of the Issuer:

Peter Roberts Company Secretary van Eyk Three Pillars Limited Date of notice: 18/09/07

van Eyk Three Pillars Limited ABN 91 106 854 175 Level 7, 20 Hunter St, Sydney NSW 2000 GPO Box 5482, Sydney NSW 2001 P (02) 8236 7701 F (02) 9221 1194

www.vaneyk.com.au www.threepillars.vaneyk.com.au