Sundance Resources Limited : Sundance Confirms Receipt of $40M

SUNDANCE RESOURCES LTD ASX Announcement l Media Release

5 November 2013

Sundance Resources Limited ("Sundance" or the "Company") (ASX: SDL) advises that it has received A$20 million from Noble Resources lnternational Pte Ltd and a further A$20 million from an lnvestor Consortium consisting of Blackstone Alternative Solutions, L.L.C., the D. E. Shaw Group and Senrigan Capitai, representing the entire $40 million funding under the Convertible Note Facilities as announced on 22 October 2013.

"We are pleased to confirm the funding has now been received by Sundance. The funds will be used for working capitai and to meet pre-development capitai expenditure for the Mbalam-Nabeba lron Ore Project," said Sundance Managing Director and CEO Mr Giulio Casello.

Please referto the ASX announcement lodged on 22 October 2013 fora full description of the details of the agreements between Sundance and the investors including an outline of the Noble Deed, Noble Options, Consortium Deed and Consortium Options, which are ali explained in detail in Annexures A, B, C and D accompanying that announcement.

Shareholder approvai will be sought at the upcoming Annual Generai Meeting of Sundance shareholders to be held on 29 November 2013 in Perth, Western Australia. The Notice of Meeting was lodged with
the ASX and sent to shareholders on 29 October 2013.

Released by:
Giulio Casello CEO and MD Sundance Resources Ltd. For more information please contact: Jill Thomas
lnvestor Relations & PR Manager
Sundance Resources Ltd. Tel: (08) 9220 2300

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