POL.L Regulatory News (POL)

Name of applicant:

Polo Resources Ltd

Name of scheme:

2009 Warrants

Period of return:

From:

25/05/2010

To:

24/11/2010

Balance under scheme from previous return:

265,455,111

The amount by which the block scheme has been increased, if the scheme has been increased since the date of the last return:

Nil

The amount by which the block scheme has been reduced, through re-purchase and cancellation since the date of the last return:

265,455,111

Number of securities issued/allotted under scheme during period:

Nil

Balance under scheme not yet issued/allotted at end of period

Nil

Number and class of securities originally listed and the date of admission

404,866,875 ordinary shares of no par value on 13 May 2009

Total number of securities in issue at the end of the period

2,389,678,955 ordinary shares

Name of contact:

Gary Good (CFO)

Address of contact:

Craigmuir ChambersRoad Town, TortolaBritish Virgin Islands VG 1110

Telephone number of contact:

Tel: +27 82 404 3637Fax: +27 (0) 86 537 0543