Ann: St George Opens Share Purchase Plan, page-38

Emailed JP about the SPP and getting scaled back, here is his reply:

thanks for your email and for your support in the SPP.


We will consider closing the SPP early depending on applications received. We do want to give all existing shareholders that wish to participate a chance to do so, and we need to balance this sense of fairness with any decision to close early.


Overall, we are very pleased with the support of shareholders and the market reaction to our upcoming drill programme. We want to build the momentum of this positive sentiment.


Regards

John Prineas

Executive Chairman