XPEDRA RESOURCES LIMITED — Capital/Financing Update 2011

Apr 7, 2011

ABN 46 126 681 105

==> picture [137 x 98] intentionally omitted <==

8 April 2011

RENOUNCEABLE ENTITLEMENT ISSUE AMENDED TIMETABLE AND IMPORTANT DATES

The Company wishes to advise that the timetable and important dates for the renounceable rights issue prospectus dated 7 April 2011 ( Prospectus ) have been amended as set out below:

Lodgement of Prospectus with ASIC	7 April2011
Lodgement of Appendix 3B	8 April 2011
Notice sent to Shareholders	11 April 2011
Ex Date and Commencement of Rights Trading	13 April 2011
Record Date	19 April 2011
Prospectus despatched to Shareholders	27 April 2011
Rights Trading Ends	4 May2011
Closing Date	11 May 2011
Notification of under subscriptions	13 May 2011
Despatch date/Securities entered into security holders securityholdings	16 May 2011

Should you have any queries in relation to this matter, please do not hesitate to contact the Company on (+61 8) 9200 6264.

Yours faithfully

==> picture [124 x 64] intentionally omitted <==

Timothy Flavel Company Secretary

Level 1/33 Richardson Street, West Perth WA 6005 P.O. Box 826, West Perth WA 6872, Australia Ph +61 8 9200 6264, Fax +61 8 9200 4469