Jindalee Resources Ltd.

Jindalee Resources Limited ("Jindalee") is a public company with the primary objective of creating wealth for shareholders through the discovery of world-class mineral deposits in Australia. Through disciplined execution of Jindalee’s exploration and corporate strategy since the Company was founded in 2002 net tangible assets (cash and shares) have accumulated to an approximate value of $20M at 31 December 2008 (equivalent to $0.62 per share fully diluted).