Mr. Philip Cunningham reports

PHILIP CUNNINGHAM REQUISITIONS MEETING OF SHAREHOLDERS OF GOLDSTONE RESOURCES INC.

Goldstone Resources Inc.'s director and largest shareholder, Philip Cunningham, has delivered to Goldstone and its board of directors a requisition for a special meeting of shareholders, pursuant to Section 105(1) of the Business Corporations Act (Ontario). The meeting has been requisitioned for the purpose of removing Gary Conn and Alan Ferry from the board as well as to fill the resulting vacancies by electing Morris Prychidny, a financial consultant, and Paul F. Little, president of Westover Investments Inc.

Mr. Cunningham owns and controls 10,881,110 common shares of Goldstone, representing approximately 11.1 per cent of the outstanding common shares.