TSXgroup

January 23, 2008

Troy Resources NL (the “Company”) – An application has been granted for the original listing in the Mining category of 70,775,862 ordinary shares of the Company, of which 60,314,783 ordinary shares are issued and outstanding, and 10,461,079 ordinary shares are reserved for issuance.

The ordinary shares of the Company will be listed and posted for trading at the opening on Friday, January 25, 2008.

The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.

Ordinary Shares:
Stock Symbol: “TRY”
CUSIP: Q92350 10 9
Trading Currency: CDN

Designated Market Maker: Independent Trading Group

Other Markets: The ordinary shares of the Company have been listed on the Australian Securities Exchange since March 5, 1987.

Head Office Address:
44 Ord Street
Ground Floor
West Perth, WA
6005, Australia

Website: www.try.com.au

Email: enquiries@try.com.au

Head Office Telephone Number: +61 (8) 9481 1277

Fax Number: +61 (8) 9321 8237

Investors Relations: Gerry Kaczmarek
Tel: +61 (8) 9481 1277
Email: G.Kaczmarek@troyres.com.au

Chief Financial Officer & Company Secretary: Gerry Kaczmarek

Incorporation: The Company was incorporated under the predecessor to the Corporations Act 2001 (Cth)(Australia) on February 28, 1984 as “Thirty Eighth Ravine Pty Ltd.”. The Company changed its name to “Troy Resources Limited” and became a public company on April 4, 1986. On February 25, 1991 the name of the Company was changed to “Troy Resources NL”.

Fiscal Year End: June 30

Nature of Business: The Company is engaged in the acquisition, exploration, development and operation of mineral properties in Brazil, Australia, and Mongolia.

Transfer Agent & Registrar: Computershare Investor Services Inc. at its principal offices in Vancouver and Toronto, and Computershare Investor Services Pty Limited in Melbourne, Australia.

Dividends: The following dividends have been paid in the last five years:

October 8, 2007 A$ 0.075 per share
October 16, 2006 A$ 0.07 per share
October 14, 2005 A$ 0.065 per share
September 24, 2004 A$ 0.06 per share
November 24, 2003 A$ 0.055 per share

The decision regarding the payment of any dividends in the future will be made by the Company’s board of directors, in its discretion, on the basis of the Company’s earnings, financial requirements, and other conditions existing at such time.