will cap raising be necessary, page-6

Another raise in oct/nov last year.....

Sun Resources NL (“Sun” or the “Company”) has previously announced on 18 October 2007 it is
making a fully underwritten pro-rata non-renounceable entitlement issue to shareholders who are
registered at 5.00pm WST on 26 October 2007 (“Record Date”) of approximately 28,459,298
shares at an issue price of $0.07 per share to raise approximately $1,992,151 (before expenses of the
issue) (“Entitlements Issue”). The shares will be offered on the basis of 1 new share for every 6
shares held on the Record Date.