Entitlements Offer Closing Wed 2 May 2012 Reed Resources Limited (ASX Code: RDR) is currently offering an Entitlements Offer to eligible shareholders (Offer).

The Offer is scheduled to close at 5pm (Perth Time) Wednesday 2 May 2012. The Entitlement Issue is an offer for Reed shareholders to acquire 3 new shares for every 4 existing shares held on the Record Date at $0.20 (twenty cents) per share.

Eligible shareholders may also apply for additional shares through the Shortfall Offer. The funds raised through the offer will primarily be used to fund the development of Reed’s Meekatharra Gold Project, including accommodation facilities upgrade, plant refurbishment, infrastructure, pre-commissioning costs and capital raising costs. Reed has completed a Bankable Feasibility Study for the Project which hosts 3.59Moz of gold in Resources and 752koz of gold in Reserves.

Reed is commencing with a lower risk multiple open pit mine plan as Stage 1 of the recommencement of operations, following the upgrades and refurbishments.

The company is targeting commencement of production in the December quarter of 2012 at a production rate of 95,000oz pa. When considering the Offer, shareholders should read the Non-renounceable Entitlements Offer Prospectus dated 2 April 2012 and also refer to Reed’s latest ASX releases. Links: 3.

http://asx.com.au/asxpdf/20120402/pdf/425dpxfj79pzls.pdf 4.

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=RDR Reed has established a BPAY® facility for those shareholders wishing to participate in the offer and preferring the convenience of electronic payment.

You can also pay by cheque, bank draft, or money order.

All BPAY payments need to be received by the registry no later than 3pm (Perth Time) Wednesday 2 May 2012. If you have any questions relating to the Entitlements Offer, please don’t hesitate to contact Reed’s Shareholder Information Line on 02 8256 3265 while the offer is open.

If you have already participated in the Entitlements Offer, thank you very much for your continued support. Regards David Reed Chairman Reed Resources Limited ============================================== Unsubscribe from this list: http://reedresources.us2.list-manage.com/unsubscribe?u=773668750eed9c3d1dd94593d&id=260499d2c3&e=3a8b0a6829&c=04e252ead0