Resource Generation

An ADR is a negotiable certificate representing ownership for shares of a foreign company.

Our sponsored program is a Level 1 ADR program enabling US investors to trade “over the counter” in the United States. It does not involve the issue of any new shares or any additional regulatory requirements that are not already covered by the ASX Listing Rules. Each ADR is equivalent to 4 RES shares.

ADRs provide various advantages to US based investors who may have difficulties investing directly in Australian shares. These advantages include:

• Diversification into non-U.S. securities
• Trading, clearing and settling in accordance with practices of the investor’s home market
• Eliminating cross-border custody safekeeping charges
• Enhancing accessibility of research, and of price and trading information; and
• Allowing easy comparison to securities of similar companies trading in the investor’s home market

From Resource Generation’s perspective the ADR program has the potential to:

• Build company visibility in the U.S. and/or internationally
• Broaden and diversify their shareholder bases
• Expand their opportunity to increase local share price as a result of global demand/trading
• Enlarge the market for the company’s shares, potentially increasing liquidity

The ADR program sponsor, Citibank, can be contacted as follows:

Written inquiries to:

Citibank Shareholder Services
P.O. Box 43077
Providence, Rhode Island 02940-5000

Toll Free (within the United States):
1-877-248-4237 (1-877-CITI-ADR)
(Mon-Friday 08:00 AM-6:00 PM Eastern Standard Time)

International Dial:
1-781-575-4555

Fax Inquiries:
1-201-324-3284

Web Inquiries:
citibank@shareholders-online.com

Website:
www.citi.com/dr