SHAREHOLDING ENQUIRIES

Computershare Investor Services Pty Ltd
Investor Queries
: 1300 557 010

www.computershare.com.au

INVESTOR RELATIONS

Simon Hicks - 08 9322 1182

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ANNUAL REPORTS

2008 Annual Report

Shareholders should be aware that the company has adopted a more efficient, financially responsible and environmentally friendly method of distributing it's Annual Report. The Annual Report will now be made available electronically via this website. It will be archived in the Announcements section and will also be temporarily linked from the home page. Any shareholder who would prefer to receive a printed Annual Report will need to advise the company in writing in advance of the Annual Report going into production.

CAPITAL STRUCTURE

Total shares on issue
as at September, 2008

137,450,000

Unlisted options (Ex. 35c)

Unlisted options (Ex. 50c)

Unlisted options (Ex. 60c)

Unlisted options (Ex. 75c)

Unlisted options (Ex. 78c)

Unlisted options (Ex. 85c)

Unlisted options (Ex. 108c)

Total options on issue

2,200,000

1,000,000

2,000,000

2,700,000

2,500,000

2,500,000

1,333,333

14,233,333

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REED RES FPO (RDR.AX)

REED RES FPO (RDR.AX)

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