XREF LIMITED — Share Issue/Capital Change 2007

Jul 29, 2007

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King Solomon Mines Limited

27 July 2007

Company Announcements Australian Securities Exchange

Release of Securities from Escrow

In accordance with ASX Listing Rule 3.10A we advise that 1,595,842 fully paid ordinary shares classified by ASX as restricted securities will be released from escrow on 31 July 2007. The Company will apply for quotation of these shares within 10 business days of this date as required by Listing Rule 2.8.2.

Yours faithfully

King Solomon Mines Limited

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Stephen McPhail Managing Director

www.kingsolomonmines.com.au ARBN 122 404 666

King Solomon Mines Limited