Dear Shareholder

The following response has been provided by the management of Golden Chalice Resources:

"While there had been talk internally about making it a monthly publication as it turns out that would simply not be viable. After doing a couple of them we saw that the time and expense involved in producing it monthly would simply be prohibitive.

Also, given the nature of the exploration process, rather than committing to a regular release date we determined that it would be more practical to publish the newsletters when enough material news justifies the expense and time.

Please check with the web sites to follow our news releases or sign up to receive e-mail copies of them (also through the web sites). Also, check back on occasion to the www.hughes-exploration.com web site for the most current newsletter.

Sincerely,

Agoracom IR