POL.L Regulatory News (POL)

Name of applicant:

Polo Resources Ltd

Name of scheme:

2009 Warrants

Period of return:

From:

13/05/2009

To:

24/05/2010

Balance under scheme from previous return:

404,866,875

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

10,588,236

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

150,000,000

Number of securities issued/allotted under scheme during period:

Nil

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

265,455,111

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

2,346,645,623 ordinary shares

Name of contact:

Gary Good (CFO)

Address of contact:

C/O P.O. Box 38 Sunninghill Sandton South Africa 2157

Telephone number of contact:

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