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SHAREHOLDER INFORMATION<br />

ASX Additional Information<br />

As at 30 September 2008 the Company had issued the<br />

following securities:<br />

Fully Paid<br />

Option<br />

Ordinary Shares Options Exercise Price Option Expiry<br />

Quoted Securities 68,351,348 2,400,418 $0.18 30/11/2011<br />

Unquoted Securities:<br />

Restricted until 23 July 2009 11,849,581<br />

Restricted until 23 July 2009 5,750,000 $0.25 30/06/2010<br />

Unlisted options 1,500,000 $0.25 30/06/2010<br />

Employee options 240,000 $0.20 30/06/2011<br />

Options 1,650,000 $0.18 30/09/2011<br />

Director options 5,000,000 $0.20 30/11/2013<br />

Total all Securities 80,200,929 16,540,418<br />

Distribution of Shareholders<br />

Fully Paid<br />

Ordinary Shares<br />

Options<br />

Range No. Holders No. Holders<br />

1-1,000 873 177<br />

1,001-5,000 396 121<br />

5,001-10,000 277 29<br />

10,001-100,000 803 35<br />

100,001 - over 111 6<br />

Total 2,460 368<br />

The number of holders holding less than a marketable<br />

parcel of ordinary shares was 1,125.<br />

Voting Rights of Securities<br />

Subject to any rights or restrictions for the time being<br />

attached to any class or classes of Shares (at present<br />

there is only one class of Shares), at meetings of the<br />

Shareholders of <strong>Western</strong> <strong>Desert</strong> <strong>Resources</strong>:<br />

a) each Shareholder entitled to vote may vote in<br />

person or by proxy, attorney or representative;<br />

b) on a show of hands, every person present who is a<br />

Shareholder or a proxy, attorney or representative<br />

of the Shareholder has one vote; and<br />

c) on a poll, every person present who is a<br />

Shareholder or a proxy, attorney or representative<br />

of a Shareholder shall, in respect to each Share<br />

held by him, or in respect of which he is appointed<br />

a proxy, attorney or representative, have one<br />

vote for the Share, but in respect to partly paid<br />

Shares, shall have such number of votes as bears<br />

the same proportion which the amount paid (not<br />

credited) is of the total amounts paid and payable<br />

(excluding amounts credited).<br />

Options do not carry voting rights.<br />

ASX Listing Rule 4.10.19<br />

In accordance with Listing Rule 4.10.19, the Company<br />

states that it has used the cash and assets in a<br />

form readily convertible to cash that it had at the time<br />

of admission in a way consistent with its business<br />

objectives, which are exploration, evaluation and<br />

acquisition of projects.<br />

72

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