Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

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For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

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In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

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We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

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CONTACT

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Union Resources LTD (URL)

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Monday 16 July, 2007

Union Resources LTD

Share Purchase Plan


                            Union Resources Limited                            

             Share Purchase Plan - Extension of Acceptance Period              

The Company has extended the closing time and date for acceptance of the
current offer under the Company's Share Purchase Plan to 5.00pm (AEST),
Wednesday I August. The letter dated 16 July 2007 sent to the Company's
eligible shareholders advising of this is repeated in full below..

Share Purchase Plan - Extension of Closing Date

In my letter to you dated 26 June 2007, I advised of the Company's offer to you
under the Company's Share Purchase Plan. In that letter I advised that the
offer would close on Wednesday, 18 July. In view of the recent Mehdiabad
Project Update, the Company's Board has, however, decided to extend the closing
time for the offer to 5.00pm (AEST) on Wednesday, 1 August. You may therefore
apply for shares under the offer by completing the application form previously
sent to you and returning it, together with your payment, by that date.

The following is the text of the announcement released by the Company to the
Australian Securities Exchange ("ASX") on 11 July 2007 regarding the Mehdiabad
Project:

Mehdiabad Project Update

Union Resources Limited ("Union") is focused on the Mehdiabad Zinc-Silver-Lead
Project ("the Project") in Iran. The Project is carried on by Union, the
Iranian government body Iranian Mines and Mining Industries Development and
Renovation Organisation ("IMIDRO") and Iranian company Itok GmbH through an
incorporated Iranian joint venture company, Mehdiabad Zinc Company ("MZC").

In its quarterly release to ASX dated 28 July 2006 Union advised that the
"Bankable Feasibility Development Project Phase III Report" completed by Aker
Kvaerner Australia (the "Feasibility Study Report") had been received by Union
on 2 May 2006 and, following review, presented to the Company's Iranian
partners in MZC on 26 June 2006.

On 13 June 2007 Union advised ASX that:

 1. AKAU had completed a technical and economic study of the Project and had
    advised Union that the Project meets Aker Kvaerner's standard for a
    feasibility study, subject only to receipt of necessary water rights and
    environmental clearances, the grant of an Exploitation Licence, and an
    indication of commitment to the Project from the Iranian Government; and
   
 2. at the request of the MZC Board Union had commissioned Iranian engineering
    company, Aseh Sanat to provide confirmation of the standard of the
    Feasibility Study report and to provide a confirmatory market study for
    zinc.
   
Aseh Sanat has now provided a report to the Board of MZC that, subject to some
minor considerations, the Feasibility Study Report meets the standard for a
bankable feasibility study. Following extensive negotiations, the MZC Board has
accepted the Feasibility Study Report and noted that, based on the report
received from Aseh Sanat, the Feasibility Study report can be updated to a
bankable feasibility study upon the granting of requisite licences, support
from the government sector, and commitment of foreign financing.

Union considers MZC's acceptance of the Feasibility Study Report to be a
significant development as Union has now completed its commitments under the
various Project Agreements, and the remaining outstanding matters are largely
under the control of its Iranian Partners. As previously advised IMIDRO has
purported to terminate several agreements governing the Project, and Union is
firmly of the opinion that the agreements were invalidly terminated. As also
previously advised, Union has been in negotiation with IMIDRO in an effort to
establish a basis upon which the Project can proceed to the development phase.
Union believes acceptance by MZC of the Feasibility Study Report will assist
this.

As is clear from the announcement, the Company regards the acceptance of the
Feasibility Study Report by MZC as an important development, although this is
tempered by the fact that the Company is still in negotiation with its joint
venture partners in MZC in an attempt to progress the Project. I refer you
again to the information contained in the information sheet which accompanied
the letter to you of 26 June, which provides a status report on the Mehdiabad
Project and advises the proposed use by the Company of the proceeds from the
Share Purchase Plan offer. If you no longer have a copy of the information
sheet it may be viewed under the Company's announcements on the ASX website
(Heading: "Share Purchase Plan") or on the Company's website 
www.unionresources.com.au under the heading "Shareholders" ("Despatch of Share
Purchase Plan Documents").

UNION RESOURCES LIMITED

James Collins-Taylor

Chairman



For further information contact:

Australia: Union Resources Limited
   Dr Frank Reid - Managing Director
   Phone: +61 07 3833 3833

London: Hanson Westhouse Limited
   Bill Staple or Martin Davison
   020 7601 6100

Bankside Consultants
   Simon Rothschild or Louise Mason
   020 7367 8888