JULY 2008

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DISCLAIMER

This Presentation is provided on the basis that none of the Company norits respective officers, shareholders, related bodies corporate, partners,affiliates, employees, representatives and advisers make anyrepresentation or warranty (express or implied) as to the accuracy,reliability, relevance or completeness of the material contained in thePresentation and nothing contained in the Presentation is, or may berelied upon as, a promise, representation or warranty, whether as to thepast or the future. The Company hereby excludes all warranties that canbe excluded by law.

The Presentation contains prospective financial material which ispredictive in nature and may be affected by inaccurate assumptions or byknown or unknown risks and uncertainties, and may differ materially fromresults ultimately achieved.

All persons should consider seeking appropriate professional advice inreviewing the Presentation and all other information with respect to theCompany and evaluating the business, financial performance andoperations of the Company. Neither the provision of the Presentation norany information contained in the Presentation or subsequentlycommunicated to any person in connection with the Presentation is, orshould be taken as, constituting the giving of investment advice to anyperson.

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The information in this presentation that relates to coal Exploration Results is based on information compiled by David Mason who is a Fellow of the Australian Institute of Mining and Metallurgy. The information in this presentation that relates to other Exploration Results is based on information compiled by Nicholas Burn who is a member of the Australian Institute of Geoscientists. David Mason and Nicholas Burn are fulltime employees of Haddington Resources Limited. David Mason and Nicholas Burn have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as a Competent Persons as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. David Mason and Nicholas Burn consent to the inclusion in the presentation of the matters based on their information in the form and context in which it appears.

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A diversified minerals exploration, development and services company.

An emerging producer of thermal coal & garnet.

Targeting development of two mineral projects to production within the next 2 years.

Has exploration and development activities in coal, industrial minerals, uranium and iron ore.

A profitable mining services business with 28 drilling rigs and is providing down hole geophysical services. *

Geared to generate substantial cash flow and earnings from its mining projects and mining services businesses.

* Presumes the successful acquisition of Phoenix Drilling

WHAT IS ?F

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CORPORATE INFORMATION

Shares on issue 126.4 millionMarket Cap (@ 50c) $63.2 million

Cash $6.3 millionNet Receivables $2.7 million

Escrowed shares – Sept 09 & Sept 10(Minvest) 44.2 million Directors hold 24% of issued shares. 30.3 million

Listed Options (35c, 31 May 2010) 22.8 millionDirector options (20c - 40c - 60c, up to Nov 2010) 2.6 million

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BOARD OF DIRECTORS

John Caldon – Non-executive ChairmanFormerly Deputy Managing Director and Head of Corporate Finance for Macquarie Bank.

Colin McCavana – Managing DirectorOver 30 years experience; successful track record in exploration & developing projects to production. Includes the management & acquisition, exploration and development of projects in Australia, USA, Tanzania, Mozambique & Vietnam.David Mason – Operations DirectorGeologist and MBA from the UQ and USQ. 30 years experience in the minerals industry, with a focus on coal. Extensive experience in Australia, NZ and South East Asia.

An effective board with a good blend of commercial, technical and corporate experience.

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BOARD OF DIRECTORS

Clair Medhurst – Non-executive DirectorCommercial lawyer with over 20 years resources experience. Her experience includes mergers & acquisitions, joint ventures, mine and infrastructure development and operations.

B T Kuan – Non-executive DirectorBachelor of Engineering with extensive experience in coal barging and terminal operations in Indonesia. Mr Kuan has worked for significant periods in Indonesia.

Dennis O’Neill – Non-executive DirectorConsultant to the mining industry on commercial issues, minerals marketing and government liaison. CEO & MD of NupowerResources Ltd.

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Tabalong Thermal Coal Project - Indonesia JORC Resource of 11.3 million tonnes.Low capital cost – ~$20 millionTargeting production of ~750,000 tonnes per annum for ~12 years.Potential to generate >$75 million revenue per annum.

Balline Industrial Minerals – W.A. – Garnet/IlmeniteLow Capital Cost. Use of the 100% owned plant. Production targeted to commence late 2009Potential to generate >$25 million revenue per annum.

Liberator Uranium - NTSpectacular drilling results at Liberator – 3m @ 6.05% U3O8 incl. 1m @ 18.1% U3O8

Profitable Mining Services BusinessEstimated $30 million revenue for FY2009Strong order book. Targeting margins >25%

Pilbara Iron OreExposure to Pilbara iron ore through Option/Royalty agreement with Atlas Iron on Haddington’s Pilbara tenements.

CORE ACTIVITIESF

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TABALONG THERMAL COAL PROJECT

Highly prospective coal leases at Muara Uya, Tabalong, Kalimantan.Multiple coal seams along an 14km strike length with seam intervals up to 18 metres thick.JORC Coal Resource of 11.3 million tonnes from 25% of lease area, with ongoing drilling targeting expansion of the resource.Average strip ratio up to 15:1High calorific value 7,200 kcal/kg with low to medium sulphur levels.

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AdaroIndonesia

EASTKALIMANTAN

CENTRALKALIMANTAN

SOUTHKALIMANTAN

Balikpapan

Tanah Grogot

Muarateweh

Buntok

115 116 117

1

2

Multi TambangjayaUtama

Kideco

Interex SacraRaya

Anugerah GroupOperations

0 50 km

Marunda Graha MineralsMurawai Coal (BHPB)Asmin Koalindo Tuhup

Tanjung

TABALONG COAL

PROJECT

Pendang

TABALONG COAL PROJECTLOCATION ‐ KALIMANTAN

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TABALONG THERMAL COAL PROJECTF

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TABALONG THERMAL COAL PROJECT

Targeting early 2010 start up.Capex ~US$20.0 million.High quality Tabalong coal is expected to achieve >US$100 per tonneOperating costs estimated at ~US$60 per tonne.Potential to generate >$75 million revenue per annum for ~12 years.“By 2020, world coal consumption will be 50% higher than it is today.” Access Economics May 2008

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COAL CREDENTIALS

Haddington has extensive coal and Indonesian operational experience in its management team and has experienced coal mine development staff.Operations Director David Mason; Geologist and MBA from UQ and USQ. 30 years experience in the minerals industry, with a focus on coal. >20 years experience in Indonesia. Involved in the development of a number of coal projects including Adaro, Sebuku and Bentala. Speaks fluent Indonesian.James Brown; General Manager of Haddington Indonesia. Mining Engineer with 25 years experience in mine planning and development of coal projects in Australia and Indonesia. Australian experience includes Blair Athol, Jeebropilly, Oakleigh and Acland. Indonesian experience includes Adaro, Multi Harapan and Binamitra.Non Exec. Director BT Kuan; Bachelor of Engineering responsible for the development and management of the Pulau Laut Coal Terminal in South Kalimantan, Indonesia. Many years experience in coal bulk handling and terminal operations including barges up to 12,000 dwt. Speaks fluent Malay, Indonesian and English.

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PRODUCTION CONCEPT

Conceptual project feasibility has ascertained annual production limits, infrastructure requirements, transport options and product marketing. Current plan is for production and sale of coal at 750,000 tonnes per annum. Product coal transport options are being reviewed. It may be transported by truck west to the Barito River, or east to the South Kalimantan coast or sold locally to other producers for blending purposes.

Typical Indonesian open cut coal mine

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MINING

The Tabalong Project will be mined using open pit extraction methods employing earthmoving and coal mining contractors.Proposed production tonnages and strip ratios have been designed to accommodate expected seam dip and variable seam thickness. Focus will be on high coal recoveries and minimal dilution from diligent mining practices and pit control.Coal will be mined by excavator and loaded into 20 tonne trucks for haulage to the Run of Mine stockpile area.

Typical Indonesian open cut coal mine

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CRUSHING

Tabalong coal will be mined, crushed and sold without further beneficiation. Coal will be crushed to <100mm using a two stage mobile crushing plant. The use of a mobile crushing plant will allow periodic relocation to reduce the in-pit to crusher haulage costs and to maintain steady productivity levels.

Typical mobile crushing plant

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TRANSPORT

Transport options are being considered in order to adopt the most efficient and capital saving methods. Coal may be hauled west to the Barito River at Pendang or east to Tanah Grogot region on the south east Kalimantan coast. A small scale barge loading facility at either the Barito or Tanah Grogot will be used. Barges of ~6,000 tonne capacity will transport the coal to an off-shore loading point or coal terminal. Floating cranes or self loading vessels will unload the barges.It is also possible that coal could be sold to adjacent operators for inclusion in their cargos.

Typical Indonesian coal barge loading facility

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RESOURCE DEVELOPMENT

Current resources provide 12 year mine life at ~ 750,000 tpa. Resources indentified to date are contained within only 25% of the lease area. A more extensive drilling program to target an expansion of the resource base as well as proving reserves to sustain production is planned.Drilling to date has been mostly shallow (<50m).Coal seam of up to 18 metres in thickness at shallow depth (<50m) indicates that other thick pods may be as yet undiscovered. Deeper drilling (to 150m depth) will target thicker coal seams down dip.

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INDONESIAN COAL

Haddington has extensive coal and Indonesian operational experience in its management team.Currently evaluating a number of other coal opportunities in Indonesia.Confident of acquiring additional projects.Has access to drill rigs, geological staff and geophysical logging tools for quick assessment & development of projects.

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BALLINE GARNET PROJECT

Located ~115km north of Geraldton, W.A.

Immediately adjacent to the world’s largest mining and processing facility for industrial garnet.

Previous exploration for heavy mineral (ilmenite) on Haddingon’s Ballinetenements has identified significant quantities and grade of industrial garnet.

The garnet occurs in sand dunes adjacent to the coast.

HDN has purchased freehold property over the most significant garnet occurrence.F

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WHAT IS GARNET?

Most often thought of as a gemstone, Garnet is a hard mineral free of heavy metals and toxic components.It has growing demand in industrialised countries of the world as a blast medium for cleaning steel structures, ships etc.It has replaced crystalline silica as a sand blasting medium.Worldwide garnet consumption is expected to grow at a rate of 3% to 5% per year during the next 5 years with increased consumption of steel and the awareness of occupational health and safety risks associated with inhalation of airborne crystalline silica dust.

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USES OF GARNET

The majority of industrial garnet is used as a loose-grain abrasive or sand blasting mediumCoarse sizes of lower-quality industrial garnet is used as a filtration medium in water-purification systems because it is relatively inert and resists chemical degradation. Waterjet cutting technology is on the rise in all engineering fields and is a growing user of finer sizes of industrial garnet.F

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GARNET PRODUCTION CONCEPT

Conceptual project feasibility has determined annual production limits, infrastructure requirements, transport options and product marketing. Current plan is for production and sale of garnet at 100,000 tonnes per annum. Major components of the wet processing plant will be from the Bald Hill tantalum plant.It is envisaged that wet processing and dry processing will be carried out at Balline.The heavy mineral concentrate will also contain credits for ilmenite and tin.

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GARNET MINING

The Balline Project will be mined using excavators with small trucks to cart ore to the wet processing plant.The wet process is a simple gravity separation process using spirals to separate the heavier garnet from lighter silica sand. Similar to “mineral sands” processing.

A heavy mineral concentrate (HMC) containing garnet, ilmenite & tin is recovered by the spiral plant.

The HMC is then dried, screened and the garnet is then magnetically separated from the HMC.Products are transported ~115 km to Geraldton port for shipment to buyers.

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BALLINE GARNET PROJECT

Resource modeling of drilling results is underway.Metallurgical testing, flow sheet verification and marketing studies underway, based on production of 100,000 tonnes per annum of industrial garnet.Targeting late 09 start up.A garnet mine at Balline would have the potential to produce >$25.0m revenue per annum.Targeting margins >30%.F

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LIBERATOR URANIUM PROSPECT

Drilling carried out at Liberator inDecember 2007 returned spectacularresults.

Chemical analysis of the drill cuttingsconfirmed high grade uraniummineralisation with 3m @ 6.05% U3O8from 39m, including 1m @ 18.1%U3O8 from 40m.

A second zone of mineralisation,located approximately 300m to thenorth of the first zone, alsointersected high grade uraniummineralisation with 6m @ 1.34% U3O8from 19m (including 1m @ 4.99%U3O8).

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LIBERATOR URANIUM PROSPECT

Liberator is located within Haddington’s100% owned Shoobridge project which covers ~ 300 km2 and is located ~200km south of Darwin.

Liberator was developed on a historical anomaly discovered by Dominion Mining in 90’s

HDN soil sampling, rock chips, ground radiometrics and magnetic surveys developed drill targets.

In December 2007, 18 Reverse Circulation holes were drilled. Spectrometer readings from drill cuttings indicated 2 significant zones of uranium mineralisation.

Chemical analysis verified spectometerreadings.

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LIBERATOR URANIUM PROSPECT

Looking to add value and ascertainpotential of the discovery with a view toJV or farm in with a larger uraniumfocussed partner.Field season 2008.

Gravity survey completed,interpretation being carried out.NanoTEM, gradient and dipole IPsurveys underway to establish bestgeophysical method.Looking at local structures andmineralisation at depth.Possible diamond drill testing oftargets.Targeting vein and unconformitystyle uranium mineralisation.

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PILBARA IRON ORE

Atlas Iron has an option to acquire the iron ore rights to Haddington’s Pilbara tenements. Haddington retains a 2% Gross Sales Royalty on any iron ore sold from the tenements.On the definition of an iron ore resource exceeding 25 Mt, Haddington has the right to claw back a 30% joint venture interest for a payment of four times total exploration expenditure.If Haddington claws-back a 30% interest, the royalty is relinquished and Haddington’s interest will be a contributing interest with Atlas Iron being the manager of the joint venture.

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DRILLING & EXPLORATION SERVICES

28 drill rigs in Australia & Indonesia from July 08. *Anticipate completion of acquisition of Phoenix Drilling – 7 RigsAnnualised ~$12.0 million revenue & ~$2.3 million EBITDA for 2007/08. Result affected by Qld floods.Work in hand for 2008/09 - ~$27.0 million. *Anticipated addition of up to 8 further rigs by June 09.Estimated revenue ~$30.0 million for 2008/09.

* Presumes the successful acquisition of Phoenix Drilling

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DRILLING & EXPLORATION SERVICES

DRILLING SERVICES• Australia – Haddington Drilling

Services Pty Ltd• Australia - Phoenix Drilling *• Indonesia - PT Asiadrill Bara UtamaOperating Diamond Coring, Mud Rotary, Reverse Circulation and Rotary Air Blast rigs.

GEOPHYSICAL SERVICES• Australia - RG Geologging Australia

Pty Ltd (RGGA)• Indonesia - PT Velseis Indonesia (Velseis)

* Presumes the successful acquisition of Phoenix Drilling

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DRILLING SERVICESAUSTRALIA

HADDINGTON7 Drill Rigs increasing to 10 in 08/09PHOENIX *7 Drill Rigs increasing to 9 in 08/09CLIENTSEllensfield Coal - ValeBlackall Coal- East EnergyDerby Coal - BlackfinNebo Coal - Felix ResourcesOakey Creek - Xstrata *Moura Coal - Anglo Coal *Eagle Downs - Vale *

* Presumes the successful acquisition of Phoenix Drilling

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DRILLING SERVICESINDONESIA - Asiadrill

14 Drill Rigs increasing to 16 in 08/09CLIENTSPT Adaro Indonesia – South Kalimantan (largest single coal producer in Indonesia at 35Mtpa)BHP Billiton – Murawai Coal Project –Central Kalimantan (proposed coking coal operation)East Asia Minerals – Abong Gold Project Aceh Nth Sumatra (gold exploration)Haddington Resources – Tabalong Coal PT Stargate (Glencore) – South Sulawesi (nickel exploration)PT Borneo Penajam Mandiri Indonesia-East Kalimantan (coal exploration)East Asia Minerals – Sangihe Island –North Sulawesi (gold exploration)

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AUSTRALIAN DRILLING INDUSTRY

Mineral exploration in Australia is currently in a ‘boom’ period, recording all time high levels of expenditure driven by high commodity prices. Drilling services are a key element to the exploration function and Australian drilling contractors and their specialist drill rigs are in high demand.Exploration expenditure in Australia expected rise to about $2,380 million for 2007-08, an increase of about 39%. While exploration spending is at record levels, metres drilled are down, due to the shortage of drill rigs.The exploration industry as a whole is aware of the current shortage of drilling rigs available in Australia. Some mining companies are signing up to long term contracts in order to ensure access to rigs.F

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DRILLING & EXPLORATION SERVICES

Haddington has a strategy for expansion of drilling services to a position where it generates annual revenue of ~$50 million with operating margins ~30%.INTERNAL GROWTH

Acquisition of 3 new rigs since September 07.Negotiating new long term contracts for additional rigs.Anticipate addition of 6 to 7 rigs per year for next three years.

EXTERNAL GROWTHAcquisition of Phoenix DrillingEvaluation of Underdale DrillersEvaluating other drilling companies for possible acquisition.

Capitalising on shortage of drilling services driven by demand for minerals due to rising commodity prices.

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INVESTMENT HIGHLIGHTS

Good cash reserves & excellent mineral projects with exploration & production upside.

Management, expertise, skills & commitment to grow the Company through development of our mineral projects and expansion of our services businesses.

Poised to bring the Tabalong Coal and Balline Garnet projects to production.

Profitable & expanding mining services business generating good cash flow and earnings.F

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SUMMARY OF OBJECTIVES

Haddington is committed to providing a significant increase in shareholder value through:-

Development of the Tabalong Coal Project to production of ~750k tonnes per annum by early 2010.Development of the Balline Garnet project by late 2009. Advancing Liberator Uranium with a view to JV with a larger uranium focussed partner.Expansion of its services business to a position where it generates annual revenue of ~$50 million annum with >30% margins.

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FINANCING

Internal expansion of Drilling Services to be funded from cash flow and hire purchase of equipment.External expansion of Drilling Services may be funded from cash flow and hire purchase of equipment or from capital raising.Exploration and general capex to be funded from cash flow.Will seek to maintain a minimum cash balance of $5.0m.Reviewing options for financing for Tabalong Thermal Coal Project (project financing v capital raising)Reviewing options for financing for Balline Garnet Project (project financing v capital raising)Anticipate capital raisings will be infrequent and to facilitate new acquisitions or developments.

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THREE YEAR POTENTIAL

June2008

• DRILLING SERVICES (affected by Qld floods)

• ANNUALISED REVENUE - ~$12.0m EBITDA - ~$2.3m

June2009

• DRILLING SERVICES - ~35 DRILL RIGS• REVENUE - ~$30.0m

Late 2009

• PRODUCTION START - BALLINE GARNET• ANNUALISED REVENUE - ~$25.0m

Early2010

• PRODUCTION START - TABALONG COAL• ANNUALISED REVENUE - ~$75.0m

June2010

• DRILLING SERVICES EXPANDED TO >40 RIGS• ANNUALISED REVENUE - ~$50.0m

June2011 • ESTIMATED ANNUALISED REVENUE- ~$150.0m

Presumes the successful acquisition of Phoenix Drilling

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JULY 2008

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