Sultan Corporation Limited

The Directors of Sultan Corporation Limited (SCC) are pleased to announce that Sultan has obtained a high grade intersection in the first hole drilled at the John Fardy deposit.

The Company is pleased to advise that it has commenced drilling at its 100%-owned John Fardy zinc and copper deposit near Crookwell in NSW. The John Fardy deposit contains a JORC compliant resource

Sultan Corporation (ASX:SSC) Provide Shareholder Update Report Oct 2007.

The Board is pleased to announce that it has entered into an agreement to acquire from Ironbark Gold Limited the ground adjoining the Peelwood Project tenements and held under Exploration License Application No. 6767.

The Directors of Sultan Corporation Limited (SCC) are pleased to announce that a resource has been estimated for its wholly owned John Fardy zinc and copper deposit near Crookwell in NSW and that the estimate was made in accordance with the requirements of the JORC Code (2004).

The directors of Sultan Corporation Limited are pleased to announce a placement of 57 million shares at 4.2 cents per share to raise $2.39 million to be issued to sophisticated investors.

The Board of Directors has recently announced the acquisition (subject to shareholder approval) of the Peelwood Project in NSW and the historical drilling results for the John Fardy zinc-copper deposit.