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Clarifying Announcement

ASX ANNOUNCEMENT 25 AUGUST 2011 Further to the Companys announcement of 24 August 2011, Lemur Resources Limited (Lemur) ( LMR) provides the following by way of clarifying statement, specifically in relation to the stated target resource of coal and to comply with Clause 18 of the JORC Code. Historical exploration conducted in 2008 and 2009 resulted in the determination of a JORC compliant inferred resource in excess of 175 million tonnes of thermal coal (see Table 11), suitable for export as well as consumption as power station feed stock (see Table 12). TABLE 11 Inferred Mineral Resources (Raw) >0.5 metre Seam Thickness Discounted by Geological Losses for Faults and Weathering.