ABX GROUP LIMITED — Capital/Financing Update 2012

Jun 14, 2012

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AUSTRALIAN BAUXITE LIMITED

ASX:ABZ

15 June 2012

Notice pursuant to Section 708a(5) of the Corporations Act

Background

On 14 June 2012 Australian Bauxite Limited (ABx) (ASX: ABZ) issued 4.3 million fully paid ordinary Shares at $0.39 cents per share to sophisticated, eligible and/or professional investors, as defined under Section 708 of the Corporations Act raising gross proceeds of $1,677,000.

In addition ABx has announced a Share Purchase Plan offering eligible shareholders the opportunity to purchase shares in ABx without brokerage or other related charges.

Shareholders can purchase for $0.39 per Share, which is the same price paid by brokers and professional investors in the recently completed placement.

Notice

In accordance with the requirements of section 708A(5)(e) of the Corporations Act 2007 (Act), under which this notice is given, the Company confirms that:

• 1. The Shares are part of the class of ordinary shares quoted on ASX.
• 1. The Company issued the Shares without disclosure to investors under Part 6D.2 of the Act.
• 1. 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;

  • b) the Company has complied with section 674 of the Act;

• 1. and as at the date of this notice, there is no information

  • a) that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

  • b) that investors and their professional advisers would reasonably require, and would reasonably expect to find in a disclosure document, for the purpose of making an informed assessment of:

    • i) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

    • ii) the rights and liabilities attaching to the Placement Shares.

Henry Kinstlinger Company Secretary

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