Pricing for Interim Dividend.

Manager, Company Announcements Office
ASX Limited
Level 4, 20 Bridge Street
Sydney NSW 2000 28th. September 2007

Dear Sir,


Oxiana Limited advises that participants in the Oxiana Dividend Reinvestment Plan (DRP) will be allotted ordinary shares under the DRP at the price of $3.6758 each, inclusive of a discount of 2.5%, on the dividend payment date, which is 4 October 2007. The Record Date for entitlements was 20 September 2007.

In accordance with Oxiana’s DRP Rules, this price represents the volume weighted average sale price for the fully paid ordinary shares in the capital of Oxiana sold on the Australian Stock Exchange, from 21 September 2007 to 27 September 2007 inclusive, being the 5 trading days following the record date rounded down to the nearest full cent less a discount of 2.5%.

Information relating to the Company’s DRP is available on Oxiana’s website under Investor Information at

Yours faithfully,

David J. Forsyth
Company Secretary

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