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

18 January 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 2 - Adoption of remuneration report

Proxy votes:

For	149,502,534
Against	133,974
Abstain	21,160,000
Discretionary	19,278,000

Item 3.1 - Re-election of Mr Sebastian Hempel as a Director of the Company

Proxy votes:
For 170,760,534
Against 25,974
Abstain nil
Discretionary 19,288,000

Item 3.2 - Re-election of Mr Mufti Habriansyah as a Director of the Company

Proxy votes:
For 170,760,534
Against 25,974
Abstain nil
Discretionary 19,288,000

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 4.1 - Approval of prior issue of Options to Mr Mufti Habriansyah

Proxy votes:For 170,752,534
Against 33,974
Abstain nil
Discretionary 19,288,000

Item 5.1 - Issue of Shares and Options to Resource Global Finance Ltd

Proxy votes:

For	129,760,534
Against	25,974
Abstain	41,000,000
Discretionary	19,288,000

Item 5.2 - Issue of Shares to a maximum of 60,000,000 Shares

Proxy votes:
For 170,760,534
Against 25,974
Abstain nil
Discretionary 19,288,000

Garry Taylor

Company Secretary

ABN 60 103 280 235