Tawana - Trading Halt - Capital Raising

Tawana - Trading Halt - Capital Raising                                         
Tawana Resources NL                                                             
(Incorporated in Australia)                                                     
(Registration number ACN 085 166 721)                                           
Share code on the JSE Limited: TAW & ISIN: AU000000TAW7                         
Share code on the Australian Stock Exchange Limited: TAW & ISIN: AU000000TAW7   
("Tawana" or "the Company")                                                     
TRADING HALT - CAPITAL RAISING                                                  
Tawana wishes to advise that it is presently finalising a capital raising       
details of which will shortly be disclosed.                                     
In pursuance of ASX Listing Rule 17.1, Tawana has sought and obtained a trading 
halt on the ASX and JSE for one trading day in order to facilitate finalisation 
of the capital raising process.                                                 
In this regard, an announcement providing further information is expected to be 
made before the commencement of trading on 13 April 2006.                       
Contact:                                                                        
Wolf Marx                                                                       
Tel: +61 3 98635222                                                             
Mob: 0428 398446                                                                
Email:wolf.marx@tawana.com.au                                                   
Andrew Smith                                                                    
Tel: 08 82768794                                                                
Mob: 0428 265205                                                                
Email: andrew.smith@tawana.com.au                                               
All press releases and announcements may be inspected on the Company"s web site,
namely: www.tawana.com.au                                                       
12 April 2006                                                                   
South African Sponsor to Tawana                                                 
PricewaterhouseCoopers Corporate Finance (Pty) Limited                          
Date: 12/04/2006 08:56:55 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department