In determining what those standards should involve, Sundance Resources Limited (Sundance) has considered the 3 rd Edition of ASX Corporate Governance Principles and Recommendations (ASX Guidelines).

In light of the size of its Board, Sundance advises that its corporate governance policies and procedures are, in the most part, consistent with those of the ASX Guidelines. Sundance reviews all its corporate governance practices and policies on an annual basis and compares its current practices and policies against the ASX Guidelines with a view to ensuring its corporate governance practices and policies are up to date and reflect Sundance's current state of development and future growth.

Due to the current size and nature of the existing Board, the Board does not consider that the Company will gain any benefit from individual Board committees and that its resources would be better utilised in other areas as the Board is of the strong view that at this stage the experience and skill set of the current Board is sufficient to perform these roles. Under the Company's Board Charter, the duties that would ordinarily be assigned to individual committees are currently carried out by the full Board under the written terms of reference for those committees.

Contact:

Tel: +61 8 9220 2300

Email: info@sundanceresources.com.au

Web: www.sundanceresources.com.au

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