Exco Resources Ltd (ASX: EXS) (Company) is pleased to advise that 1,500,000 employee incentive options at 40 cents have been exercised raising a total of $600,000.

The funds will be used to proactively advance the Company’s portfolio of copper projects in north-west Queensland.

Notice given under Section 708A(5)(e) of the Corporations Act 2001
In respect to the issue of the 1,500,000 shares (Securities) and pursuant to Section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) the Company advises that the Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under the section 708 or 708A. By the Company giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.
The Company gives notice under section 708A(5)(e) of the Act that:

a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;

b) as at today's date, the Company has complied with:
i.) the provisions of Chapter 2M of the Act as they apply to the Company; and

ii.) section 674 of the Act; and

c) there is no “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed under section 708A(6)(e) of the Act.

Please find attached the related 3B disclosure statement.

On behalf of the Board of
Exco Resources Ltd

Barry Sullivan
Chairman

For further information contact:
CEO: Geoff Laing
Company Secretary: Eamon Byrne
Phone +61 8 9211 2000

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