Berkeley Eng Regulatory News (BKY)

27 January 2011

BERKELEY RESOURCES LIMITED

Notice under Section 708A(5)(e) of the Corporations Act

On Thursday 27th January 2011, Berkeley Resources Ltd (Company) issued 17,000,000 fully paid ordinary shares (Shares) to a person who comes within one of the exemptions set out in section 708 of the Corporations Act.

The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act.

The shares were issued without disclosure to investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act.

The Company, as at the date of this notice, has complied with:

(a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and

(b) Section 674 of the Corporations Act.

There is no excluded information for the purposes of Sections 708A(7) and (8) of the Corporations Act.

Yours faithfully

Sam Middlemas

Company Secretary

Berkeley Resources Limited

Enquiries: Acting Managing Director: Henry Horne Tel: +34 673 497 712

RBC Capital Markets: Martin Eales Tel: +44 20 7029 7881

A full version of this announcement including images can be downloaded from Berkeley's website at www.berkeleyresources.com.au.