ABN 48 116 296 541

26 May 2011

Mr Sebastian Bednarczyk ASX Compliance Pty Ltd Level 8 Exchange Plaza

2 The Esplanade

PERTH WA 6000 By Facsimile: 9221 2020

Dear Sebastian

I refer to the price and volume query from ASX Limited “ASX” of 26 May 2011 to

Minemakers Limited “the Company”. Accordingly we provide the following responses:

1. The Company is not aware of any market sensitive information that has not been released to the market.

The Company confirms that it is continuing confidential discussions with representatives of NMDC about the development of the Wonarah project. Once an outcome is reached the Company will provide information to the market in compliance with its continuous disclosure obligations.

2. Not applicable.

3. The Company is not aware of any other reason for the price and volume change in the securities.

4. The Company confirms that it is in compliance with the Listing Rules and in particular

Listing Rule 3.1. Yours sincerely

John Ribbons

Company Secretary

street address: Level 2 34 Colin Street, West Perth WA 6005 postal Address: PO Box 1704 West Perth WA 6872 phone: (08) 9264 7000 Fax: (08) 9264 7099 email: frontdesk@minemakers.com.au