XREF LIMITED — Capital/Financing Update 2009

Apr 16, 2009

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King Solomon Mines Limited

17 April 2009

Company Announcements Australian Securities Exchange

Release of Securities from Escrow

In accordance with ASX Listing Rule 3.10A we advise that 15,981,450 fully paid ordinary shares classified by ASX as restricted securities will be released from escrow on 18 April 2009. The Company will apply for quotation of these shares within 10 business days of this date as required by Listing Rule 2.8.2.

In accordance with ASX Listing Rule 3.10A we advise that 6,779,999 options to acquire fully paid ordinary shares classified by ASX as restricted securities will be released from escrow on 18 April 2009.

Yours faithfully

King Solomon Mines Limited

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Stephen McPhail Managing Director

www.kingsolomonmines.com.au

King Solomon Mines Limited

ARBN 122 404 666