ABX GROUP LIMITED — Capital/Financing Update 2009

Dec 20, 2009

AUSTRALIAN BAUXITE LIMITED

ASX:ABZ

18 December 2009

Company Announcement Office Australian Securities Exchange Limited

Restricted Securities

Australian Bauxite Limited provides the following information with respect to the securities subject to escrow.

The escrow period in each case is 24 months from the date of Official Quotation of the Company’s securities on the ASX.

All Options are exercisable at 30 cents within 3 years from the date of issue.

The Convertible note matures 3 years from the date of issue and has a face value of $2.4 million convertible to shares at an issue price of 30 cents per share.

Entity	No ofSecuritiesRestricted	Security
Hudson Resources Limited	50,000,000	Fully paid ordinary shares
Hudson Resources Limited	1	Convertible Note
Peter Meers	1,000,000	ESOP options
Justevian Pty Ltd atf Justevian Superannuation Fund	2,000,000	ESOP options
Vincent Tan	1,000,000	ESOP options
Rado Jacob Rebek	1,000,000	ESOP options
Wei Huang	1,000,000	ESOP options
Eugene Loy	250,000	Success Options
State One Stockbroking Ltd	237,500	Success Options
Alan David Hill	237,500	Success Options
State One Holdings Pty Ltd <incentive a/c>	25,000	Success Options
Union Pacific Pty Ltd	250,000	Success Options
AnythingCommunication Pty Ltd	350,000	Success Options
Terry Carson	150,000	Success Options
Andrew White	250,000	Success Options
John Glen atf Meridian Employees Super Fund	250,000	Success Options
Sing Capital Pty Ltd	1,000,000	Success Options

For further information please contact

Investor Relations, Henry Kinstlinger Hudson Resources Limited

Telephone: +61 2 9251 7177

AUSTRALIAN BAUXITE LIMITED

ACN 139 494 885

Level 2 Hudson House 131 Macquarie Street Sydney NSW 2000 P: +61 2 9251 7177 F: +61 2 9251 7500