UNION STAR METALS LTD — Capital/Financing Update 2012

Dec 9, 2012

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MARKET RELEASE

10 December 2012

Promesa Limited

TRADING HALT

The securities of Promesa 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 Wednesday, 12 December 2012 or when the announcement is released to the market.

Security Code: PRA PRAO

Jill Hewitt Senior Adviser, Listings (Perth)

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10 December 2012

Ms T Oliveira Adviser, Issuers (Perth) Australian Securities Exchange Level 8 Exchange Plaza 2 The Esplanade Perth WA 6000

Dear Ms Oliveira,

Promesa Limited – Request for Trading Halt

Promesa Limited (“Company”) (ASX: PRA) hereby makes application for a trading halt of its securities, effective prior to open of trading on Monday 10 December 2012, and provides the following information in relation to Listing Rule 17.1:

• The Company makes the request pending the release of an announcement with regard to a capital raising via a placement to institutional and sophisticated investors;

• The trading halt is to last until the Company releases an announcement, expected to be before opening of trading on Wednesday 12 December 2012; and

• The Company is not aware of any reason why the trading halt should not be granted.

Yours Sincerely,

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Philip Re Company Secretary