Cleansing Statement - Issue Of Shares To Renison Bell Ltd Creditors

    MURCHISON UNITED NL
                                                                                     ACN 009 087 852
                                                                     ASX CODE:  MUR,  AIM CODE: MUU,
                                                      Telephone: [phone], Fax: [phone]
                                                                                                    
                                                                                                      
                                                                              ASX and AIM Release
                                                                                  7 February 2007
                                                                    
CLEANSING STATEMENT - ISSUE OF SHARES TO RENISON BELL LTD CREDITORS

Murchison United NL ("Murchison" or "The Company") (ASX:MUR, AIM:MUU)
The following statement is made in relation to the Appendix 3B announcement of 2 February 2007 advising
of  the allotment of 12,549,998 fully paid ordinary shares in the Company to Creditors of Renison  Bell
Ltd (Subject to Deed of Company Arrangement) ("Renison").

In  accordance  with the requirements of section 708A(5)(e) of the Corporations Act  2001  (the  "Act")
under which this notice is given, the Company confirms that:

    1.  the Company issued the shares without disclosure to investors under Part 6D.2 of the Act;
    2.  as at the date of this notice:
            (a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the
                Company; and
            (b) the Company has complied with section 674 of the Act; and
    3.  there is no excluded information (as that expression is defined in sub-sections 708A(7) and
        708A(8) of the Act) in relation to the Company.

Please call Mark Reilly or Joe Schiavi with any queries.


..........
Mark Reilly
Executive Director
                                                                       Rule 2.7, 3.10.3, 3.10.4, 3.10.5

								
Murchison United N.L