Brockman Mining Limited — M&A Activity 2011

May 15, 2011

ASX Stock Code: WNI

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13 May 2011

WAH NAM INTERNATIONAL HOLDINGS LIMITED (WNI) - BROCKMAN RESOURCES LIMITED (BRM)

WAH NAM AUSTRALIA ACHIEVES CONTROL OF BROCKMAN

Wah Nam International Holdings Limited ( Wah Nam ) is pleased to announce it now has 51.99% of Brockman Resources Limited ( Brockman ).

Wah Nam wishes to comment on Brockman's statement yesterday to the effect that its acceptances have come from a narrow section of the register.

Since the Brockman share register is heavily weighted towards the top 50 shareholders, the majority of the acceptances for Wah Nam Australia Pty Ltd's ( Wah Nam Australia ) takeover offer are bound to be for large parcels of shares.

Wah Nam’s analysis, based on information available to it[1] , indicates that 84% of Brockman shares were held by the Brockman's top 50 shareholders (see Figure 1 below). Furthermore, the analysis shows that Brockman’s Australian registered shareholders (excluding Wah Nam’s and Brockman directors’ holdings) hold only 21% of Brockman shares (by number of shares held).

Therefore, it is not surprising that the majority of acceptances to date have been:

• for large parcels of shares, and

• received from shareholders with addresses registered outside Australia.

Figure 1*

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----- Start of picture text ----- 160 100.0%140 88.9%83.6%12071.5%10080604020-Top 20 Top 50 Top 100 Total (~2,900shareholders)MillionsBrockman Shares----- End of picture text -----

*Based on information as at 19 April 2011

1 As at 19 April 2011

ASX Stock Code: WNI

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Figure 2 below shows the geographical distribution of Brockman’s shares. As can be seen, excluding Wah Nam, more than 30% of Brockman shares were held by Asian resident shareholders. This is not surprising considering Brockman's board has successfully encouraged Asian shareholders throughout its development.

Brockman has regularly announced endeavours to attract international investors, including:

• Brockman raises $112.5 million - "... introduces several major new Australian and International institutions to Brockman's register" (dated 5 June 2008)

• Quarterly Activities Report – “These activities have resulted in a heightened domestic and international awareness of the Company ...” (dated 29 July 2009)

• Far East Steel/China Iron Ore Conference, Beijing - Presentation by Wayne Richards (dated 29 April 2009)

• Rodman Renshaw New York Conference – “Various Confidentiality Agreements signed with interested parties from China, India, Japan and Korea for future development and funding options”, “Strong foreign investment interest in [Marillana] Project” (dated 10 September 2009)

• International Roadshow - "The execution of over 30 Confidentiality Agreements with significant international investment groups, trading houses and end-users" (dated 15 March 2010)

• International Roadshow – “Strong international interest in the Marillana Project, Company and product off-take” (dated 3 November 2010)

Figure 2*

Brockman Share Distribution

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----- Start of picture text ----- Directors14%Asia31%Wah Nam22%UKNorthAustralia 5%America21%2%EuropeNew Zealand4%1%----- End of picture text -----

*As at 19 April 2011, assuming no acceptances and based on underlying shareholdings

ASX Stock Code: WNI

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Given the distribution in Figure 2, Wah Nam is pleased that more than half of the number of shareholders that have accepted the takeover offer to date have come from Australian registered shareholders who are not in Brockman’s top 50.

Wah Nam encourages all Brockman shareholders who have not yet accepted Wah Nam Australia's takeover offer to consider their position and accept the offer.

Chan Kam Kwan Jason Director Wah Nam International Holdings Limited

For media enquiries please contact:

Tim Duncan or Angus Urquhart, Hintons, (03) 9600 1979