INVESTOR PRESENTATION

22-23 OCTOBER 2012

THE GOLD SYMPOSIUM

Forward Looking Statements

This presentation contains certain forward-looking statements and forecasts which include

without limitation, expectations regarding future performance, costs, production levels or

rates, reserves and resources, the financial position of Troy Resources Limited (the

“Company”), industry growth or other trend projections.

Although such forecasts and forward-looking statements reflect current beliefs and are

based on information currently available and assumptions believed to be reasonable there is

no assurance that actual results will be consistent with such forecasts and forward-looking

statements. A number of factors could cause actual results, performance, or achievement to

differ materially from the results expressed or implied in such forecasts and forward-looking

statements. For a description of such factors please see the section entitled “Risk Factors”

in the Company’s amended and restated preliminary prospectus dated 10 January 2008

available under the Company’s profile at www.sedar.com.

Nothing in this presentation should be construed as either an offer to sell or a solicitation of

an offer to buy or sell securities.

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Troy - A Profitable Mid Tier Gold Producer

• Listed on the ASX (1987) and TSX (2008) Code: TRY

• Two operating gold mines

• Andorinhas, Para State, Brazil

• Casposo, San Juan Province, Argentina

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• Just 91.3M share on issue

• Paid 13 fully franked cash dividends over the last 13 years.

(13th paid on Oct 19, 2012 at 10cps)

Troy – A Period of Strong Growth

• FY 2012:

• Gold Production up 67% to 119,621 oz @ US$472/oz net of silver credits.

• Record gold equivalent production up 79% to 137,457oz @ US$625/oz gold

equivalent

• Record revenue up 104% to A$208.6M

• Record PAT up 115% to A$31.4M

• Record exploration spend up 87% to $16.5M

• September Quarter, 2012

• Gold Production of 28,384 oz @ US$549/oz net of silver credits

• Gold equivalent production of 33,389 oz @ US$726/oz Au_eq

• 30 September 2012 net cash of A$47.9M compared to net debt of $5.5M at 30 June

2011

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Corporate Snapshot

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Ordinary Shares: 91.3M

Options: 3.4M

Share Price as at 19 Oct 2012: $4.85

52 Week Range: $3.58 - $5.05

Market Cap as at 19 Oct 2012: ~A$440M

Net Cash as of 30 September 2012: ~A$47.9M

[Cash A$52.9M + Debt A$5M]

Key Statistics (A$)

Senior Management

• Paul Benson, CEO & Managing Director

• Peter Doyle, VP Exploration & Bus. Development

• Ken Nilsson, Executive Director Projects

• David Sadgrove, CFO & Company Secretary

• Andrew Storrie, COO

Non-Executive Directors

• David Dix, Non-Executive Chairman

• Gordon Chambers, Non-Executive Director

• Fred Grimwade, Non-Executive Director

• John Jones, Non-Executive Director

• Robin Parish, Non-Executive Director

Film – Casposo Only

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Troy Resources

• Profitable dividend paying gold producer

• Growing, low cost production

• Excellent exploration potential

• Continue to look for the next M+A opportunity

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THANK YOU

Exploration Model – Pajingo Mine

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New Resource Area Focused on First 500m of 1.5km Structure

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Kamila - Julieta Structural Corridor

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2011 Julieta Drilling Results

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Castaño Nuevo Target, Argentina

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Qualifying Statements

Au_Eq grade calculated using gold to silver ratio of 1:60. The gold: silver ratio is determined using metal price and recovery factors and determined according to the parameters

below:

– Au Price US$1500/oz

– Ag Price US$28/oz

– Au processing recovery 90%

– Ag processing recovery 80%

– Metal prices approximate three year averages for each of gold and silver.

– Processing recoveries were determined from updated metallurgical testwork carried out by independent consultants on diamond drill core from Casposo.

The equivalency factor is calculated by the formula:

Gold to Silver ratio = (gold price ÷ silver price) x (gold recovery ÷ silver recovery)

= (1500 ÷ 28) x (.90 ÷ .80)

= 60

Gold equivalency (Au_Eq) is calculated by the formula: Au_Eq g/t = Au g/t + (Ag g/t ÷ 60.00)

Information of a scientific or technical nature that which relates to exploration results, Mineral Resources or ore Reserves was prepared under the supervision of Peter J. Doyle, Vice President

Exploration and Business Development of Troy, a “qualified person” under National Instrument 43-101 – “Standards of Disclosure for Mineral Projects”, a Fellow of the Australasian Institute of

Mining and Metallurgy. Mr Doyle has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration, and to the activity he is undertaking, to

qualify as a “competent person” as defined under the Australian JORC Code as per the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore

Reserves”. Mr Doyle has reviewed and approved the information contained in this announcement. Mr Doyle is:

• Is a full time employee of Troy Resources Limited

• Has sufficient experience which is relevant to the type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the

2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’

• Is a Fellow of the Australasian Institute of Mining and Metallurgy

• Has consented in writing to the inclusion of this data

For further information regarding the Company’s projects in Brazil, Australia and Argentina, including a description of Troy’s quality assurance program, quality control measures, the geology,

sample collection and testing procedures in respect of the Company’s projects please refer to the technical reports filed which are available under the Company’s profile at www.sedar.com or

on the company’s website.

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