Kimber Resources Inc. (AMEX:KBX, TSX:KBR) VANCOUVER, Jan. 31 /PRNewswire-FirstCall/ -- Kimber Resources Inc. ("the Company") is pleased to announce proposed brokered and non-brokered private placements of up to 9,400,000 common shares. The brokered private placement will be to accredited investors primarily in the United States and the non- brokered private placement will be to Canadian investment funds who are already shareholders. No warrants will be issued to investors or the agents in connection with the offering. Closing of the private placements is subject to the receipt of applicable regulatory approval, including the Toronto Stock Exchange and the American Stock Exchange. The net proceeds of the private placements will be used to continue exploration and development drilling on the Carmen and Carotare deposits as well as the El Orito Norte exploration target and for general corporate purposes. The common shares are not registered under the Securities Act of 1933 or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. The information contained herein is less than would normally be disclosed by the Company, however, as the brokered portion of the private placement is in the United States, disclosure is limited by applicable US securities laws. About Kimber Kimber Resources Inc., which holds a 100% interest in the Monterde property in the Sierra Madre of northern Mexico, is advancing the Carmen gold- silver deposit towards production. The Carmen deposit, an underground mine in the 1930's, is a typical low sulphidation epithermal system, oxidized, and believed to be suitable for open pit mining. A pre-feasibility study is expected on the Carmen deposit in April 2006. Two adjacent epithermal systems first identified in 2005, the Carotare deposit and El Orito Norte exploration target appear to be similar to the Carmen. The initial resource estimate on Carotare was reported in November 2005. The goal of the company is to demonstrate at least three million resource ounces from the two deposits and exploration target identified. For further information on the company visit SEDAR or the company website at http://www.kimberresources.com/. FOR FURTHER INFORMATION PLEASE CONTACT: Darren Klinck Manager, Corporate Communications or Robert Longe P.Eng President and CEO North America Toll Free: 1-866-824-1100 Tel: (604) 669-2251 Fax: (604) 669-8577 Website: http://www.kimberresources.com/ Email: Cautionary Statement Statements in this release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the Company can fulfil such forward-looking statements and the Company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the Company, some of which are beyond the Company's control. DATASOURCE: Kimber Resources Inc. CONTACT: Darren Klinck, Manager, Corporate Communications, or Robert Longe P.Eng, President and CEO, North America, Toll Free: 1-866-824-1100, Tel: (604) 669-2251, Fax: (604) 669-8577, Website: http://www.kimberresources.com/, Email:

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