ann out, page-4

I forgot this part. Wait for the pack to arrive.

AE/767559_3.DOC
1. Receipt of communication from two Iberian shareholders
Tamaya advises that two Iberian shareholders have each indicated that they will
not be accepting Tamaya's offer to acquire their shares in Iberian.
It is Tamaya’s understanding that, together, these two shareholders hold a total
of 13,921,381 shares in Iberian, representing approximately 11.40% of the
122,150,000 shares on issue in the capital of Iberian.
Tamaya will make an announcement to the market following the end of the offer
period on 31 May 2007 disclosing the percentage of shares in Iberian in which
Tamaya and its associates have a relevant interest, and whether compulsory
acquisition will proceed.
2. Authorisation
A copy of the Second Supplementary Bidder’s Statement was lodged with ASIC
on 31 May 2007 and is signed by Simon Brodie on behalf of Tamaya Resources
Limited, who is authorised to sign the Second Supplementary Bidder’s Statement
pursuant to a unanimous resolution passed by the directors of Tamaya
Resources Limited.
Simon Brodie
Company Secretary
This document is a supplementary bidder’s statement under section 643 of the
Corporations Act 2001 (Cth). It is the second supplementary bidder’s
statement (Second Supplementary Bidder’s Statement) issued by Tamaya
Resources Limited ACN 071 349 249 (Tamaya) in relation to its off-market
takeover bid to acquire all ordinary shares in Iberian Resources Limited ACN
106 760 025 (Iberian).
This Second Supplementary Bidder’s Statement supplements, and should be
read together with, Tamaya’s bidder’s statement dated 28 March 2007
(Bidder’s Statement) and Tamaya’s first supplementary bidder’s statement
dated 23 May 2007. A copy of this Second Supplementary Bidder’s
Statement has been lodged with ASIC. Neither ASIC nor any of its officers
take any responsibility for its contents.