POL.L Regulatory News (POL)

20 July 2010

Polo Resources Limited

('Polo Resources' or 'the Company')

TR1 Notification

The Company (AIM and TSX: POL) was notified on 19 July 2010 by Weiss Asset Management LP of the following interests in the ordinary share capital of Polo Resources (VGG6844A1075).

Reason for notification - An acquisition or disposal of voting rights

Full name of person(s) subject to the notification obligations - Weiss Asset Management LP

Full name of shareholder if different - Brookdale International Partners LP,

Brookdale Global Opportunity Fund

Date of Transaction: 16 July 2010

Threshold crossed or reached > 5%

Situation previous to the triggering transaction:

Number of Shares: 99,597,841

Number of Voting Rights: 99,597,841

Resulting situation after the triggering transaction:

Number of Shares: 143,997,841

Number of Voting Rights (Direct): 143,997,841

Number of Voting Rights (Indirect): n/a

Percentage of Voting Rights (Direct): 6.2%

Percentage of Voting Rights (Indirect): n/a

Contacts: