Mr. Gordon Cummings reports

KIMBER ANNOUNCES SECOND QUARTER FINANCIAL RESULTS

Kimber Resources Inc. has released its financial results for the three and six months ended Dec. 31, 2011. All amounts in this news release are in Canadian dollars. The operating results were prepared in accordance with international financial reporting standards (IFRS). Kimber's condensed consolidated interim financial statements and management's discussion and analysis for the three and six months ended Dec. 31, 2011, are now available on SEDAR and on EDGAR.

As at Dec. 31, 2011, Kimber had working capital of $7.3-million (June 30, 2011: $7.69-million), which includes $6.56-million (June 30, 2011: $8.4-million) in cash and cash equivalents. Kimber's net loss for the three months ended Dec. 31, 2011, was $843,543 or one cent per common share compared with a net loss of $636,504 or a one-cent loss per share for the three months ended Dec. 31, 2010.

Kimber's shareholders' equity was $63.35-million at Dec. 31, 2011, a decrease of $680,000 from $64.03-million at Sept. 30, 2011. The decrease is due to the net loss during the quarter; however, certain expenditures mainly related to exploration and technical advancement at Monterde, were capitalized as mineral interests.

"During the three months ended Dec. 31, 2011, Kimber continued to drill at Monterde and released a number of high-grade gold-silver intercepts drilled below the existing mineral resource at the Carmen deposit where mineralization remains open at depth and along strike," said Gordon Cummings, president and chief executive officer of Kimber Resources. "In addition, Kimber has significantly strengthened the management team of Kimber with the recent hiring of Jim Currie, PEng, our new chief operating officer, and Renee Brickner as vice-president, investor relations."

                        FINANCIAL HIGHLIGHTS
                                                 For the three months ended
                                                  Dec. 31,          Dec. 31,
                                                     2011              2010
Results of operations
Net (loss)                               $       (843,543) $       (636,504)
Net (loss) per share --
basic and diluted                        $          (0.01) $          (0.01)
Net cash used in operations              $       (598,006) $       (501,632)
Net cash used in investing activities    $     (4,239,802) $       (768,463)
Net cash provided by financing
activities                               $         32,788  $     11,867,771

                                                   For the six months ended
                                                  Dec. 31,          Dec. 31,
                                                     2011              2010
Results of operations
Net (loss)                               $     (1,601,730) $     (1,283,510)
Net (loss) per share --
basic and diluted                        $          (0.02) $          (0.02)
Net cash used in operations              $     (1,283,132) $     (1,064,021)
Net cash used in investing activities    $     (8,157,924) $     (1,628,241)
Net cash provided by financing
activities                               $      7,596,742  $     11,866,282

The net losses for Kimber for the three months ended Dec. 31, 2011, and Dec. 31, 2010, include non-cash charges for share-based compensation of $127,484 in 2011 and $74,749 in 2010. The net losses for Kimber for the six months ended Dec. 31, 2011, and Dec. 31, 2010, include non-cash charges for share-based compensation of $277,201 in 2011 and $190,506 in 2010.

On Feb. 10, 2012, the company granted 1,045,000 stock options to directors, officers and staff, and 20,000 stock options to certain consultants of the company at an exercise price of $1.19, the closing price on the Toronto Stock Exchange on the day preceding the date of the grant. In addition on Jan. 10, 2012, 650,000 stock options were granted to two new officers of the company at an exercise price of $1.03. Stock options represent an important component of Kimber's compensation program, aimed at attracting and retaining important contributors to Kimber's growth objectives.

We seek Safe Harbor.