AIC MINES LIMITED — M&A Activity 2018

Oct 4, 2018

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5 October 2018

ASX Limited 20 Bridge Street SYDNEY NSW 2000

Dear ASX

Intrepid Mines Limited off-market takeover bid for AIC Resources Limited - Despatch of bidder's statement

We act for Intrepid Mines Limited ACN 060 156 452 ( Intrepid ).

We give notice that despatch of Intrepid’s bidder’s statement to all AIC Resources Limited ACN 619 035 737 bid class security holders has been completed today as required by item 6 of section 633(1) of the Corporations Act 2001 (Cth).

Yours sincerely

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Derek Pocock Partner

49657176v1

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