Company Information for Finders Resources Ltd

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Company Statement

Finders Resources Limited was formed to harness the core skills and wide experience of its founders in exploration project selection, assessment and development of mining and mineral projects.

With two advanced projects, Finders is set to become a profitable mid-tier mining company and 2007 represents an exciting year targeting growth and value recognition as the projects progress towards production.

Current Operations

The Wetar Copper Project was acquired by Finders, in cooperation with its Indonesian partner, PT Batutua Kharisma Permai (“BKP”), by means of an Exploration KP licence granted in December 2004.

Finders currently holds a 72.4% interest in the project, held through an Australian incorporated company, Banda Minerals Pty Ltd (“Banda”). Finders is earning increasing equity through sole funding work on the project.

The Wetar deposits were discovered by CSR Ltd during a regional exploration program in 1986. The holding company for the then Contract of Work was sold to Billiton Indonesia BV (“BMI”) in 1988. BMI carried out extensive drilling comprising 513 holes for 10,500 meters to define gold-silver mineralisation at two main deposits;

Kali Kuning, located around 3km from the coast at elevations of around 150m, and Lerokis, located around 6km from the coast at around 500m above sea level.

BMI discovered copper mineralization immediately underlying the gold ore in both deposits and a smaller satellite deposit was also discovered at Meron, around 2km east of Kali Kuning.

Gold-silver-barite ores were mined by BMI from shallow open pits at Lerokis and Kali Kuning over the period 1990-1997.

Based on the previous drilling data and 73 new diamond drilled holes by Finders, Kali Kuning and Lerokis have independently estimated Measured, Indicated and Inferred Mineral Resources of 9.8 million tonnes, grading 2.5% Cu and 0.7 g/t Au, using a 0.5% Cu cut-off grade.

The deposits are mineable by low strip ratio open pits and benefit from having a coastal location. Additional copper and gold mineralisation exists at Meron, and rights to three additional exploration Tenements were acquired by Finders in October 2006, covering known occurrences of similar style copper-gold mineralization on the south coast of Wetar Island.

Ojolali Gold-Silver Project
Finders acquired its initial interest in the project area in April 2005, under a Cooperation Agreement with PT Batutua Kharisma Permai (“BKP”) and Great Northern Resources Ltd, through the grant of exploration KPs covering 3450 Ha to BKP. In March 2006, Finders increased its interest in the project to 71.7%, with potential to increase its equity to 100% if the partners elect not to fund their share of development after completion of a positive feasibility study.

In February 2007, the old KPs were restructured in the name of a project specific company, PT Batutua Way Kanan Minerals (“BWKM”) and an additional KP granted, covering extensions to the mineralized system, bringing the total area controlled by the project to ~5,900 Ha.

Previous exploration on the property was mainly carried out by Antares Mining and Exploration Corporation (“Antares”) which completed 22,000 m of shallow diamond drilling, in 212 holes, between 1997 and 1999, targeting two main prospect areas, the Jambi gold prospect and the Tambang Silver-gold prospect.

Since acquiring the project, Finders has carried out an intensive exploration program, comprising diamond drilling to confirm the resource base at the Jambi and Tambang prospects, and an extensive program of grid geological mapping, followed up by detailed gradient array IP surveys to define and rank additional prospect within the project area.

Jambi, with a near surface oxide gold resource (JORC Inferred) of at least 100,000 oz Au comprises a near term open pit development prospect.

Tambang, which is also unclosed at depth and along strike to the north, has a current Inferred Mineral Resource of 39.5 million ounces of silver, plus 170,000 ounces of gold.

Other prospects have outstanding potential for the discovery of additional resources using modern geophysical techniques to optimize drill targeting. Widely spaced drilling has clearly indicated potential for high grades of both gold and silver, and the overall potential is enhanced by continued activity by “local“ miners in areas not previously subject to drill testing.

Geographical Spread

Indonesia, Fiji

Board of Directors and Key Management

Dr Russell Fountain	(Director, Executive Chairman)
Dr Chris Farmer	(Director, Managing Director)
Mr Steve Lonergan	(Non Exec. Director)
Mr Stephen de Belle	(Non Exec. Director)
Mr Ian Neuss	(Alternate Director)
Mr Ian Morgan	(Company Secretary)
Mr Dominic Peter Barrington	(Commercial Manager )
Mr Grant Harding	(Operations Manager)

Company Address

Suite 51
Level 3
330 Wattle Street
Ultimo, New South Wales, Australia 2007


Telephone:	+61 2 9211 8299
Facsimile:	+61 2 9212 0200
Email:	info[at]findersresources.com
Website:	http://www.findersresources.com

Additional Address/Key Contact

Jakarta Office
931 Patra Office Tower
Jl. Jend. Gatot Subroto Kav 32-34
Jakarta Selatan
Indonesia

Capital

Fully Paid shares: 74,911,425 as at 5 March 2008

The percentage of shares that is not in public hands is 25.11%

2,699,834 Options at an exercise price of 50 cents expiring 20 March 2009.
400,933 Options at an exercise price of 50 cents expiring 20 March 2009
1,322,881 Options at an exercise price of 24 UK pence expiring 22 March 2009
500,000 Options at an exercise price of 68.75 cents expiring 13 June 2010.

No securities are held as treasury shares.

Year End

30 June

Nominated Brokers

Westhouse Securities
London
UK

Nominated Advisors

RFC Corporate Finance Ltd
Sydney
Australia

Broker/Analyst Reports

30/01/08 - HansonWest House
07/01/08 - Hoodless Brennan
13/12/07 - Green Leader Equity Research
13/12/06 - Finders Resources - Hanson Westhouse

Major Shareholders

Top 20 Shareholders (Updated 28 May 2008)

SHAREHOLDER	%
EXSOLUTIONS PTY LIMITED*	7.83%	5847869
MR IAN DAVID NEUSS*	7.68%	5736543
DR CHRISTOPHER BEN FARMER	7.20%	5381202
HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED	5.96%	4455000
LUJETA PTY LTD	5.35%	4000000

Most Recent Statement

06/01/09 - Directorate change
22/12/08 - Wetar Copper Project Update
03/09/08 - Finders to Raise up to $5 million in placement, subject to shareholder approval.
02/06/08 - 33% increase in gold content in upgraded resource estimate for JAMBI GOLD deposit, Ojolali Project
29/04/08 - Quarterly Activities Report For The Period Ended 31 March 2008
06/03/08 - Finders Q1 2008 Investor Update

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