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Tuesday 07 August, 2007

Union Resources LTD

Share Purchase Plan

7 August 2007

                            Union Resources Limited                            

                              Share Purchase Plan                              

The offer to shareholders under the Company's Share Purchase Plan closed on 1
August. A total of $408,000 was raised.

The Company will consider other options for raising further capital to fund its
ongoing operations.

15,111,096 ordinary shares will be issued to participating shareholders under
the Share Purchase Plan.

James Collins-Taylor

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