Share Capital

19 January 2012

Issued Capital (ROY) 305,861,611
Listed Options (ROYOA) 34,748,382 (exercisable at $0.12 expiring 31 October 2013)
Unlisted Options 34,660,000 (exercise prices range between $0.08-$0.50)
Fully Diluted 375,269,993 Share Registry

Computershare Investor Services Pty Limited
Level 2, Reserve Bank Building
45 St George’s Terrace
Perth WA 6000

GPO Box D182
Perth WA 6840

Tel: 1300 557 010
Fax: 08 9323 2033
Email: perth.services@computershare.com.au
Web: www.computershare.com.au

Sales of low grade magnetite resources expressed as $ per tonne of 100% Fe in 2011 dollar terms