ASX Announcement 31 October 2009 HANNANS QUARTERLY ACTIVITIES REPORT
Please find attached the Quarterly Activities Report for Hannans Reward for your information.

Below are key highlights of the report.


Highlights: Jigalong Project, located east of Newman in the Pilbara region of Western Australia -- Manganese, Base Metals & Uranium Landmark agreement reached with Jigalong Community Inc Warwick Resources Ltd successful due diligence on iron project Base metal mineralisation discovered at Mundaroo Prospect Manganese mineralisation at depth confirmed at Hill 616 Forrestania Project, located south of Southern Cross, in the Goldfields region of Western Australia -- Nickel Sulphides & Gold Conditional agreement to secure 85% interest in highly prospective tenure Zone of prospective geochemical anomalism identified in RC drilling Regional airborne geophysical survey (VTEM) commenced New tenement applications Lake Johnston Project, located west of Norseman, in the Goldfields region of Western Australia -- Nickel Sulphides & Gold Anomalous gold and silver mineralisation returned from drilling Acquisition of historical data package New tenement applications Queen Victoria Rocks Project, located 30km south-west of Coolgardie in the Goldfields region of Western Australia -- Nickel Sulphides Drill testing of EM targets by Vale scheduled for completion during November Sunday Project, located 10kms east of Leonora in the North-Eastern Goldfields region of Western Australia -- Gold High grade gold (4m at 16.68g/t gold) intersected in RC drilling by joint venture partner Triton Gold Ltd (ASX:TON) Corporate $5.5 million capital raising completed at 15.5 cents per share Atlas Ltd announces takeover of Warwick Resources Ltd -- Hannans is the 2nd largest shareholder of Warwick valuing Hannans shares at $14 million Click here to access the full ASX announcement http://esp.gewru.com/download/files/12414/977569/HNRs%20Quaterly.pdf For further information please contact:
Shareholder Contact: Damian Hicks Managing Director Telephone: (08) 9324 3388 Fax: (08) 9324 3366 Email: Media Contact: Karen Oswald Professional Public Relations Telephone: 08 9388 0944 Email: Hannans Reward Limited Summary Hannans Reward Ltd has developed a suite of prospective exploration projects within Australia covering nickel, gold and manganese.

Hannans has joint ventures with Vale (www.vale.com), Kagara Ltd (www.kagara.com.au), St Barbara Ltd (www.stbarbara.com.au) and Triton Gold Ltd (www.tritongold.com.au).

Hannans is the second largest shareholder in Warwick Resources Ltd (www.warwickresources.com.au) and holds equity in Atlas Iron Ltd (www.atlasiron.com.au).

Hannans shareholders are exposed to share price appreciation through exploration success at the following projects: Forrestania -- nickel & gold project 7km north of Western Areas Flying Fox nickel mine Lake Johnston -- nickel & gold project located 25km south east of Norilsks Maggie Hays nickel mine Jigalong -- manganese & base metals project located 150km east of Newman, WA Queen Victoria Rocks - joint venture with Companhia Vale do Rio Doce (Vale),30km south-west of Coolgardie, WA Sunday -- gold joint venture with Triton Gold Ltd, 10kms east of Leonora, WA
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