AMCIL LIMITED — Capital/Financing Update 2009

Nov 4, 2009

5 November 2009

The Manager Company Announcements Office Australian Securities Exchange Limited Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000

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Electronic Lodgement

SHARE PURCHASE PLAN

Dear Sir or Madam

Directors have decided to make an offer to shareholders under the Company’s Share Purchase Plan to raise additional equity for investment purposes.

Subject to other participation requirements, shareholders with a registered address in Australia and New Zealand on the register at 7.00pm (AEDT) on Thursday 5 November 2009 will be able to invest up to $15,000 in the Company’s shares at a price of 64 cents per share. The issue price represents a 5% discount to the volume-weighted average sale price of all the Company’s shares traded on the ASX for the 10 trading days ending on, and including, 4 November 2009, rounded down to the nearest cent.

This issue price also represents a discount of 11.1% to the net tangible asset backing of 72 cents per share (prior to the provision for tax on unrealised capital gains) at 31 October 2009.

Shares issued under the Plan will rank equally with existing fully paid ordinary shares. In accordance with past practice the Company does not intend to pay an interim dividend in respect of the 2009/2010 financial year. The shares issued under the Plan will be eligible for any final dividend that may be paid in respect of the financial year ending 30 June 2010.

It is proposed that details of the Plan will be mailed to shareholders on 13 November 2009. It is also proposed that applications will close on 4 December 2009.

Yours faithfully,

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Simon Pordage

Company Secretary