Prosperity Resources Limited : Results of Meeting

PROSPERITY RESOURCES LIMITED

100 Parry Street

PERTH WA 6000

PO Box 7516

CLOISTERS SQUARE WA 6850

Tel: [phone]

Fax: [phone] [e-mail] www.prosperity.net.au

30 November 2012

RESULTS OF ANNUAL GENERAL MEETING

The following resolutions were passed on a show of hands at the Annual General Meeting of Prosperity Resources Limited (ASX:PSP) held today. In accordance with section 251AA of the Corporations Act 2001, we advise the total number of proxy votes which were available as follows:

Item 1 - Adoption of the remuneration report

Proxy votes:

For	110,559,614
Against	995,443
Abstain	1,500,000
Discretionary	105,346,989

Item 2 - Re-election of Mr John Arbuckle as a Director of the Company

Proxy votes:

For	111,499,083
Against	55,974
Abstain	1,500,000
Discretionary	105,346,989

Item 3 - Issue of Shares and Options to Resource Global Finance Ltd

Proxy votes:

For	53,466,082
Against	435,974
Abstain	59,153,001
Discretionary	105,346,989

Item 4 -Issue of Shares to PT Murindo Global Investama

Proxy votes:
For 112,619,083
Against 435,974
Abstain nil

Discretionary 105,346,989

ABN 60 103 280 235

PROSPERITY RESOURCES LIMITED

100 Parry Street

PERTH WA 6000

PO Box 7516

CLOISTERS SQUARE WA 6850

Tel: [phone]

Fax: [phone] [e-mail] www.prosperity.net.au

Item 5 - Issue of Shares to Mr Wong Jie Kwin and Mr Wendy Kurnia

Proxy votes:
For 112,598,083
Against 456,974
Abstain Nil
Discretionary 105,346,989

Item 6 - Issue of Shares to Mr Sugijono Latief

Proxy votes:
For 112,598,083
Against 456,974
Abstain Nil
Discretionary 105,346,989

Item 7 - Issue of a maximum of 60,000,000 Shares

Proxy votes:
For 112,589,083
Against 465,974
Abstain nil
Discretionary 105,346,989

Item 8 - Issue of Shares to maximum of 10% of Issued Capital

Proxy votes:
For 112,619,083
Against 435,974
Abstain nil
Discretionary 105,346,989

Item 9 - Approval of Performance Rights Plan

Proxy votes:
For 112,578,083
Against 476,974
Abstain nil

Discretionary 105,346,989

ABN 60 103 280 235

PROSPERITY RESOURCES LIMITED

100 Parry Street

PERTH WA 6000

PO Box 7516

CLOISTERS SQUARE WA 6850

Tel: [phone]

Fax: [phone] [e-mail] www.prosperity.net.au

Item 10 - Issue of Shares to Mr Mo Munshi

Proxy votes:

For	92,021,614
Against	1,383,443
Abstain	19,650,000
Discretionary	105,346,989

Item 11 - Issue of Performance Rights to Mr Mo Munshi

Proxy votes:

For	92,021,614
Against	1,383,443
Abstain	19,650,000
Discretionary	105,346,989

Item 12 - Issue of of Performance Rights to Mr John Arbuckle

Proxy votes:

For	110,141,614
Against	1,413,443
Abstain	1,500,000
Discretionary	105,346,989

Item 13 - Issue of Performance Rights to Mr Sebastian Hempel

Proxy votes:
For 111,671,614
Against 1,383,443
Abstain nil
Discretionary 105,346,989

Item 14 - Issue of Performance Rights to Mr Mufti Habriansyah

Proxy votes:
For 111,671,614
Against 1,383,443
Abstain nil
Discretionary 105,346,989

Garry Taylor

Company Secretary

ABN 60 103 280 235