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ASX : HNR Hannans Reward Ltd Minerals Exploration Western Australia Gold Nickel Iron Company Update Celtic Club, West Perth, 3 December 2007 Keys Quality People Quality Projects & Active Exploration Time Hannans Reward

  1. ASX : HNR Hannans Reward Ltd Minerals Exploration Western Australia • Gold • Nickel • Iron Company Update Celtic Club, West Perth, 3 December 2007

  2. Keys Quality People Quality Projects & Active Exploration Time Hannans Reward Ltd ASX : HNR

  3. Priority Forrestania (Short – Medium Term) • Nickel • Gold Jigalong (Medium – Long Term) • Iron • Gold • Base Metals • Uranium Hannans Reward Ltd ASX : HNR

  4. Forrestania Nickel & Gold • ;ejngv;enjv. Hannans Reward Ltd ASX : HNR

  5. Hannans Reward Ltd ASX : HNR

  6. Forrestania Major Landholders • Western Areas NL – Mkt cap +AUD1b • Kagara Zinc Ltd – Mkt cap +AUD1.4b • Hannans Reward Ltd – Mkt cap +AUD25m Hannans Reward Ltd ASX : HNR

  7. Keys Nickel Exploration • Geophysics • Deep drilling Gold Exploration • Geochemistry • Drilling Hannans Reward Ltd ASX : HNR

  8. Forrestania Nickel & Gold • Substantial amount of exploration required to test project for nickel sulphides and gold • Active geochemical, geophysical and drill programmes ongoing • Extremely well located project with Hannans owing 80% interest & 100% interest in ELA77/1512 • Consolidation of nickel sector relevant to Hannans Hannans Reward Ltd ASX : HNR

  9. The Forrestania Project highlighted on this page and the next is owned by Western Areas NL, not Hannans Reward Ltd. Permission to use WSA images granted by Mr J. Hanna, Western Areas NL. Hannans Reward Ltd ASX : HNR

  10. Hannans Reward Ltd ASX : HNR

  11. Hannans Reward Ltd ASX : HNR

  12. Jigalong Iron, Gold & Base Metals • Highly prospective • Great opportunity for Jigalong Community & Hannans • Northern Portion + Southern Portion equals total area of +1,000km 2 Hannans Reward Ltd ASX : HNR

  13. Jigalong Iron, Gold & Base Metals • Gravity survey for iron (in progress) to be followed up with RC drilling • Field verification and aircore drilling to confirm regional geology for gold & base metals potential Hannans Reward Ltd ASX : HNR

  14. Hannans Reward Ltd ASX : HNR

  15. Hannans Reward Ltd ASX : HNR

  16. Hannans Reward Ltd ASX : HNR

  17. “Additional Value” Queen Victoria Rocks • Nickel • Gold Maggie Hays South • Gold • Copper-molybdenum Hannans Scandinavia AB (seed funded by Hannans) • Mr Olof Forslund, Managing Director • Iron • Base metals Hannans Reward Ltd ASX : HNR

  18. Board of Directors Mr Richard Scallan (Mining Engineer) – Independent Non-Executive Chairman Mr Damian Hicks (Corporate) – Managing Director (Major shareholder) Mr Frank Cannavo (Corporate) – Executive Director (Major Shareholder) Dr Ernest Dechow (Geologist) – Non-Executive Director (Major shareholder) Mr William Hicks (Corporate) – Non-Executive Director (Major shareholder) Mr Terrence Grammer (Geologist) – Non-Executive Director (Major shareholder) Hannans Reward Ltd ASX : HNR

  19. Capital Structure Shares: 80,233,929 Options: 4,750,000, exercisable at 20 cents 500,00 exercisable at 50 cents 6,250,000 exercisable at 80 cents Top 20 Shareholders ~55% Market Capitalisation: ~AUD25m Major shareholders • W. Hicks 13.9% (Australia) • Craton Capital 8.7% (South Africa) • Shandong Landbridge Group 4.5% (China) Cash: ~$3.3 million (22 November 2007) ASX Code: HNR Listed on ASX on 5 December 2003 Hannans Reward Ltd ASX : HNR

  20. Aiming for Exploration Discovery in 2008 Hannans Reward Ltd ASX : HNR

  21. Contact Details +61 8 9324 3388 (Office Telephone) +61 8 9324 3366 (Office Facsimile) Street Address: Level 2, 11 Ventnor Avenue, West Perth, Australia Postal Address: PO Box 1227, West Perth, WA, 6872 admin@hannansreward.com (E-mail) www.hannansreward.com (Web) Hannans Reward Ltd ASX : HNR

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