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Khan Resources Inc. Management’s Discussion and Analysis For the three and nine months ended June 30, 2010 Khan Resources Inc. Management’s Discussion and Analysis For the three and nine months ended June 30, 2010 This management’s discussion and analysis (“MD&A”) provides a discussion and analysis of the financial condition and results of operations of Khan Resources Inc. (the “Company” or “Khan”) for the three and nine months ended June 30, 2010 and 2009 and is intended to be read in conjunction with the unaudited interim consolidated financial statements of the Company for the three and nine months ended June 30, 2010 and 2009 and the related notes thereto. The interim consolidated financial statements have been prepared in accordance with Canadian generally accepted accounting principles (“Canadian GAAP”). Unless otherwise indicated, all amounts in this MD&A are expressed in United States dollars. The date of this MD&A is August 11, 2010. Auditor Involvement The auditor of Khan has not performed a review of the unaudited interim consolidated financial statements for the three and nine months ended June 30, 2010 and 2009. Description of the Business Khan is a Canadian-based mineral exploration and development company engaged in the acquisition, exploration and development of uranium in Mongolia. The Company is currently engaged in the exploration and development of certain uranium properties that are located in ...