TIDMBKY

RNS Number : 4381C

Berkeley Resources Limited

07 March 2011

7 March 2011

BERKELEY RESOURCES LIMITED

Completion of 2(nd) Tranche of Placement

The Company advises that the 2(nd) Tranche of the Placement Securities was completed today, with the issue of 15,360,000 Shares issued at an issue price of $1.70 per share.

Following the Issue the Company has 174,298,148 Shares on Issue.

Enquiries: Acting Managing Director: Henry Horne Tel: +34 673 497 712

RBC Capital Markets: Martin Eales Tel: +44 20 7029 7881

A full version of this announcement including images can be downloaded from Berkeley's website at www.berkeleyresources.com.au.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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