Panoramic Resources Limited

Sally Malay Mining Limited is pleased to advise that at a General Meeting on Tuesday 10 June 2008, shareholders voted overwhelmingly in favour of approving the change of the Company’s name to Panoramic Resources Limited. The name change to Panoramic Resources Limited was legally certified by ASIC on 10 June 2008 and following notification to the ASX will commence trading under the new ASX code PAN from Monday 16 June 2008. The Company has also decided to change the name of the Sally Malay Project to the Savannah Nickel Project.

Panoramic Resources Limited is an established Western Australian nickel sulphide producer with two profitable underground mines; the Savannah Project (100% owned and operated) 120 kilometres north of Halls Creek in The Kimberley and the Lanfranchi Project (75% owned and operated) 42 kilometres south of Kambalda.