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RES - Resource Generation Limited - Amended announcement showing table -

Release Date: 24/11/2010 10:56:17      Code(s): RSG
RES - Resource Generation Limited - Amended announcement showing table -        
Increase in Ledjadja Shareholding to 74%                                        
Resource Generation Limited                                                     
Registration number ACN 059 950 337                                             
(Incorporated and registered in Australia)                                      
Share code on the JSE Limited: RSG                                              
Share code on the Australian Stock Exchange ("ASX"): RES                        
ISIN Code: AU000000RES1                                                         
("Resgen" or "the Company")                                                     
INCREASE IN LEDJADJA SHAREHOLDING TO 74%                                        
Resgen has completed the process under the Ledjadja Coal (Pty) Limited          
("Ledjadja") shareholders` agreement and has increased its ownership of Ledjadja
from 49% to 74%.                                                                
Ledjadja owns the prospecting rights which contain the major portion of the coal
resources and reserves of the proposed Boikarabelo mine, which have been        
announced previously, as follows:                                               
           Measured   Indicated Inferred   Total     Probable  Proven  Total    
           Resource*  Resource* Resource*  Resource* Reserve   Reserve Reserve  
           (Mt)       (Mt)      (Mt)       (Mt)      (Mt)      (Mt)    (Mt)     
Ledjadja    664.2                1,479.6    2,143.8   321.8             321.8   
Waterberg   426.3      551.7                978.0     314.2             314.2   
Boikarabelo 1,090.5    551.7     1,479.6    3,121.8   636.0     0.0     636.0   
Information in this release that relates to exploration results, mineral        
resources or ore reserves is based on information compiled by Mr Dawie Van Wyk  
who is a consultant to the Company and is a member of a Recognised Overseas     
Professional Organisation. Mr Van Wyk has sufficient experience which is        
relevant to the style of mineralisation and type of deposit under consideration 
and to the activity which he is undertaking to qualify as a Competent Person as 
defined in the 2004 Edition of the `Australasian Code for Reporting of          
Exploration Results, Mineral Resources and Ore Reserves`. Mr Van Wyk has given  
and has not withdrawn his consent to the inclusion in the release of the matters
based on his information in the form and context in which it appears.           
Sydney, Australia                                                               
24 November 2010                                                                
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd                           
Date: 24/11/2010 10:56:17 Supplied by www.sharenet.co.za                     
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