RELEASE FROM ESCROW

January 18th, 2005

In accordance with Listing Rule 3.10A the Company wishes to advise that 362,805 fully paid ordinary shares will be released from escrow on 23 January 2005.

Yours faithfully

John Kelly
Managing Director
Republic Gold Limited

For more information, please contact: Greg Barns (gbarns@republicgold.com.au) on 0419 691 846 or John Kelly (jkelly@republicgold.com.au) on 0418 577 579.

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